why the use of money better than a barter in trade
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it acts as a medium of exchange, and unlike barter system is solves the problem of double coincidence of wants. For eg: a shoemaker don't have to look for a farmer to buy his shoes and a farmer don't have to look for a cloth merchant to sell his produce. with money they can simply buy the things in the market
HarshRungta:
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Hey is money better than barter system in trade}? The main advantage of money over barter is that money is always going to be usable. Barter is very often not possible. This is because of the need for what is called a “coincidence of wants” (sometimes called a “double coincidence of wants”).
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