"Money has made transaction eassy"justify

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"Money has made transaction eassy"justify

Posted by Akash Meher 6 years, 11 months ago

CBSE > Class 10 > Social Science

2 answers

Khushi Soni 6 years, 11 months ago

Hiii @Akash here is ur answer... Money has not only made transaction easier but it also brought great ease.The reason for this is multiple.Some of them are explained below:----- 1.There is no inconvenience of double coincidence of wants. 2.It has replaced barter system. 3.It has the standard value of currency.. 4.Inconvenience of taxes is also reduce. Hope my answer is helpful for u..?

3Thank You

Preeti Yadav 6 years, 11 months ago

The transaction are made in money because a person holding money can easily exchange it for any commodity or service that we want.

2Thank You

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