Economy, asked by Hirarth3270, 11 months ago

write an example of use of money as intermediate

Answers

Answered by harvindersingh267
3
Let's take a look at some examples to illustrate the concept and function of money as a medium of exchange. Imagine that you operate a small farm off the grid on the outskirts of a small town. You grow wheat and vegetables, and you have a couple of dairy cows and some pigs. You need some farming equipment, so you head into town to the local farm implement store where you offer to exchange several bushels of wheat for the equipment you need.
Similar questions