1.

How the introduction of money has help solve the difficulties of the barter trade

Answer»

Money overcomes the problem of BARTER system by REPLACING the C-C ECONOMY with monetary economy (where 'C stands for COMMODITY). ... (ii) When there was no money, it was difficult to give common unit of value to goods or commodities, but when money was EVOLVED, it gave a common unit of value to every goods and



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