How does the use of money make it easier to exchange things?

 it helps us to get  our basic things 

 

but remember real happiness and love cannot be exchanged by money

  • -17

exchanging things by using money is not dependent on co incidence of want..

by money we can buy anything that is needed!! and sell something and can get money

hope it helps!! 

  • 4

 money makes the exchange of things easier as:

  • it has store value i.e fixed value
  • it does not require dual co-incidence
  • it is in the form of authorised paper currency which gives the guarantee of the mentioned price to the owner
  • 72

money makes it easier to exchange things bcoz it helps in getting things at a fixed price and also that it helps in getting things at a cheaper price

  • 9

In a barter system where goods are directly exchanged without the use of money, double coincidence of wants is a necessary condition, i.e. two different people who need each other’s products must be there. By serving as a medium of exchange, money removes the need for double coincidence of wants and the difficulties associated with barter system. In this way, the use of money makes it easier to exchange things.


  • 31

 it is a store value

it helps us to buy things and we can enjoy

  • -9
MONEY IS AN ACCEPTED MEDIUM OF EXCHANGE AS:
IT IS INDEPENDENT OF DOUBLE COINCIDENCE OF WANTS
CAN BE PAID FOR ANY GOODS AND SERVICES
SIMULTANEOUS FULFILMENT OF MUTUAL WANTS IS THE FIRST AND FOREMOST CONDITION TO BUY AND SELL A COMMODITY.IN MONEY TRANSACTIONS ONE CAN BUY THE COMMODITY WHENEVER ONE WANTS IT
MONEY IS ISSUED AND AUTHORISED BY THE GOVERNMENT
  • -8
1It is accepted as medium of exchange 2it has a fixed value 3 It eliminates double coincidence of wants
  • -9
it eliminates the difficulties of barter system and double concidence of wants
  • -1
Money makes it easier to exchange things as:-
  • Goods are being bought and sold with the use of Money.
  • In some of these transactions services are being exchanged with the use of Money.
  • A person holding money can easily exchange it for any commodity or service that he or she might want. Thus, everyone prefers to receive payments in Money and then exchange the Money for the things they want.
  • Money by providing crucial intermediate steps helps to eliminate the need for the double coincidence of wants.
  • Money acts an intermediate in the exchange process and is called the medium of exchange.
  • 24

Hope it helps
  • 0
A person holding money can easily exchange it for any commodity or service that he or she might want.
  • 4
This is answer how does money can exchange things ?

  • 4
Nice question but I donno
  • -4
it has store value i.e fixed value it does not require dual co-incidence it is in the form of authorised paper currency which gives the guarantee of the mentioned price to the owner
  • 6
The use of money makes it easier to exchange things because: (i) it is accepted as a medium of exchange. (ii) it serves as a unit of value. (iii) it solves the problem of double coincidence of wants.
  • 1
The use of money makes it easier to exchange things because:
It has a fixed value and serves as a unit of value.
It solves the problems of double coincidence of wants.
It be used as an intermediate in any transaction and hence it is excepted as a medium of exchange.
 
  • 2
Money is an accepted medium of exchange as:
It is independent of double coincidence of wants
It can be paid for any goods and services
simultaneous fulfilment of mutual wants is the first and foremost condition to buy and sell a commodity.in money transactions one can buy the commodity whenever one wants it
money is issued and authorised by the government
  • 0
1) Modern currency that is money is authorized by the government of the country.

2) The only one monopoly holder that is RBI can only issue currency note of India.

3) No individual in India can refuse the payment made in rupees.

4) Money has a fixed value.

5) Money can be provide in exchange of any service and commodities .
  • 1
What are you looking for?