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Why money is used as meduim …

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Why money is used as meduim of exchange

Posted by Unknown Unknown 5 years, 2 months ago

CBSE > Class 10 > Social Science

1 answers

Sagar Banawal 5 years, 2 months ago

Money is called medium of exchange because money is a widely accepted token that can be used for exchange of any good or service. In old days, barter system was used as medium of exchange and later it was gold.

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CBSE > Class 10 > Social Science