Economy, asked by singhmonti547, 7 hours ago

write the merits of a good material money​

Answers

Answered by samkhan231s
3
What are the qualities of good money material?
General Acceptability: The material of which money is made should be acceptable to all without any hesitation. ...
Portability: Money should be easily carried or transferred from one place to another. ...
Durability: ...
Divisibility: ...
Homogeneity: ...
Cognisability: ...
Stability: ...
Malleability:
Answered by qwstoke
0

The merits of a good material money are:

- A specific money commodity should have utility, portability, durability, divisibility, homogeneity.

- A good money is currency which is believed to have great Instrinsic value than it's face value.

- Money performs different types of primary, secondary contingent functions.

- In order to perform these functions it must possess qualities.

- General acceptability is another advantage of good material money.

- Important quality of money is its acceptance.

- Good money requires acceptance without any hesitation.

- Other pro's are durability, cognizability and stability.

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