Question

Why is it important that money is portable and acceptable? In at least two complete sentences, explain your answer

Answer 1

This is the answer on edge so try to paraphrase

Step-by-step explanation:

Money needs to be portable so that it can be easily moved from place to place. If it were not in a portable form, this would make it difficult to make purchases. Also, money needs to be acceptable: If we can't agree what forms of money can be used, then this will eliminate our ability to exchange value.

Answer 2

Portability and acceptability are all characteristic of money.

Step-by-step explanation:

One of the qualities of ideal money material is PORTABILITY. A commodity fit to be used as money must be such that it can be easily and economically transported from one place to the other. That is, it must possess high value in small bulk.

Another quality is ACCEPTABILITY.

And ideal money must be acceptable

It is the very essence of money. If a person knows that the money which he accepts in exchange for his goods or services will be taken without any objection by others as well, he will accept it.