Money ia a dynamic factor .How?
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Gaurav Seth 6 years, 6 months ago
Money is a dynamic factor because:
(i) It has facilitated exchange beyond limits.
(ii) It has facilitated accumulation of wealth for the purpose of investment.
(iii) It has facilitated flow of capital from one place to other and from developed countries to less developed countries of the world.
Briefly, money is a dynamic factor because it helps economic stability and promotes the process of growth and development.
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