CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Money was introduced to make exchanging and purchase of goods easier.


A

True

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B

False

No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is A

True


Money was introduced for the ease of exchanging and purchasing goods. It helped in faster transactions and was easier to handle than barter system. It helped provide a standard value for all goods and services provided by the people.


flag
Suggest Corrections
thumbs-up
10
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
The Concept of Money
MATHEMATICS
Watch in App
Join BYJU'S Learning Program
CrossIcon