Question

Why is money transaction system better than barter system ? Explain with egs. 5Marks Ques

Answer 1

money transaction system better than barter system because in barter system there are various problem faced by people and in transaction system they are easy to trade and they are easy to transfer goods..
ex..if a man wants to buy rice and and they made cotton cloth to survive their life he sold cloth to other traders who who produce rice but rice producer don't buy clothes so these are vary very difficult to close to cloth trader who buy rice but in transition systems there are so I know any type of problem to transaction of goods