Unit 4 Ch 3 : Money and Credit — Social Studies STD 10 — Question
CBSE BoardEnglish MediumSTD 10Social StudiesUnit 4 Ch 3 : Money and Credit1 Mark
Question
How does the use of money make it easier to exchange things? Give an example.
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Answer
A person holding money can easily exchange it for any commodity or service that he or she might want.
Example:- The shoe manufacturer will first exchange shoes that he has produced for money and then exchange the money for wheat.
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