Question

Why is the concept of money better than barter?

• A. Money evaluates every commodity and service with a convincing value.
  
• B. A person who doesn't want anything in exchange will also be ready to work for someone for money.
  
• C. Money is a durable thing and lasts many years, even if kept unused.
  
  
• D. Money makes the economy grow faster.
  

Answer 1

Answer: (A), (B), (C), (D)

The correct options are
A Money evaluates every commodity and service with a convincing value.

B A person who doesn't want anything in exchange will also be ready to work for someone for money.

C Money is a durable thing and lasts many years, even if kept unused.


D Money makes the economy grow faster.


Money is the lifeline of today's generation. Money can be bartered for anything and everything. Money sets the value of every commodity and service. We can also compare which service is cheaper by what amount with the help of money.