asked 139k views
2 votes
The use of money is a human universal?

A) True
B) False

asked
User Lgersman
by
7.8k points

1 Answer

3 votes

Final answer:

Money is a human universal that serves as a medium of exchange, a measure of value, and a store of value. It is used regularly in transactions for goods and services. Without money, economies would rely on barter, which is inefficient.

Step-by-step explanation:

Money is what people regularly use when purchasing or selling goods and services. It serves as a medium of exchange, a measure of value, and a store of value. Without money, economies would rely on the inefficient barter system, which requires a double coincidence of wants.

answered
User Sumit Raj
by
8.4k points

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