Question

Why services are being exchanged with money?

Answer 1

Answer:

Yes, I can.

Explanation:

In fact, there are numerous examples in this context. Especially, in rural areas, it happens many a time.

Sometimes, labour is not paid money and is given a considerable amount of grains like rice, pulses, etc. and vegetables and other necessary items.

The quantity of these items satisfies the magnitude of the wage. On the other hand, these items fulfill the basic needs of the worker for which generally the labour would spend the money.

Many times, one item like grain is exchanged with vegetables by the farmers.