asked 61.3k views
5 votes
Purpose of Money

Exchanging goods or services of equal value is called
replaces the need for bartering.
Money allows us to exchange
for goods and services.

asked
User Nandop
by
8.9k points

2 Answers

4 votes

The answer to this is first two options

Step-by-step explanation:

Because it replaces the need for batering which was a major thing back in the 17th century, as well as modern day exchanges for good and services.

answered
User Hpavc
by
7.5k points
0 votes

Answer: Exchanging goods or services of equal value

Step-by-step explanation:

In society there is something called market. The market is a space, not always a physical one, where transactions of goods and services are made between an offering party and a demanding party. These parties can be actual persons or they can be companies.

Markets exist because ever since humans started living in society, there was always someone who needed something that another person had. That is, the market exists because there are needs that must be handled and someone has enough resources to cover them.

answered
User Petra Barus
by
8.3k points
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