128k views
5 votes
How did the use of money solved problems of Bater?please help ​

User Purpletree
by
9.1k points

1 Answer

2 votes

Answer:

Money is accepted as medium of exchange. People exchange goods and services through medium of money when they buy goods or sell products. Thus money acts as intermediary which solves barter's problem of lack of double coincidence of wants.

User Flyte
by
8.1k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories