Social Sciences, asked by sampada1405, 1 year ago

Why is money widely accepted as the medium of exchange???? Explain briefly.

Answers

Answered by psshreenikpcwazb
1

write about cc system or the barter system. explain the defects of these systems. the, explain money as a account of storage of value, and uniformity along with present day uses example.

Answered by cutieeee10101
3
HEY MATE....

Money actually serves several different key functions in our economy. It is a medium of exchange, a unit of account, and a store of value. Moneyhelps to facilitate trade because people in the economy generally recognize it as valuable.

HOPE IT HELPS YOU AND MARK AS BRAINLIEST.
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