Question

Write any two advantages and disadvantages of metallic money. ​

Answer 1

Answer:

III) Metallic money

III) Metallic money- is “money made of some metal”. ...

Advantages of metallic money-

1) It had all the qualities of good money.

2) Durable.

3) It had ornamental and decorative value.

4) It could be stored.

5) Steady demand and supply.

6) Subdivision was possible.

disadvantages of metallic money:-

• Not easily portable and jingle while carrying.
• Not safe to carry from place to place.
• Difficult to carry out large transactions.
• Value of money fluctuates from time to time.
• Dishonesty.
• Intrinsic value of coins was greater than face value.

Explanation:

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Answer 2

☺️

Advantages

1. It had all the qualities of good money.

2. Steady demand and supply.

disadvantages

1. Not safe to carry from place to place.

2. Dishonety

☺️

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