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Money made the transaction easy.justify the …

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Money made the transaction easy.justify the statement?

Posted by Rani Pandey 6 years, 4 months ago

CBSE > Class 10 > Social Science

1 answers

Yogita Ingle 6 years, 4 months ago

Money has not only made transaction easier but it also has brought great ease. The reason for this can be multiple. Some of them are discussed below.
1. There is now no inconvenience of double coincidence of wants.
2. It has replaced the barter system. They can buy whatever they want.
3. Its the standard value of currency.
4. And inconvenience of taxes is also reduced.

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CBSE > Class 10 > Social Science