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a lot easier

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Obie Bradtke

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3y ago

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How does money make the exchange process easier?

Money makes exchanges easier because it would be clumsy to send Amazon 100 chickens for a iPad.


How does having money make life easier?

Money is a medium of exchange for good and services. What this means is, you can give people money to get them to give you things and do things for you. With the help of other people, life is much easier.


Why did the Phoenicians develop a money economy?

As an easier means of exchange than trade goods.


Is money a medium of exchange for people to trade things of value?

Yes, money is a generally accepted medium of exchange, which facilitates the trade of things of value, measurable in monetary terms. Those are just two of the functions of money.


Why do economics not view capital as money?

because money is just a medium of exchange used to make the buying and selling of goods and services easier.


Is it good to be rich?

Money isn't Everything. Being rich but badly ill probably isn't much fun. However, having enough Money for the things you actually need certaily makes Life easier.


What makes specialisation easier A imposition of taxes B the barter system C the use of money or D protection of trade?

C, the use of money, makes specialization easier because it simplifies transactions by providing a common medium of exchange. Unlike bartering, which requires a double coincidence of wants, money allows individuals to trade goods and services more efficiently. This encourages specialization, as individuals can focus on producing what they do best and use money to acquire other goods and services they need.


What is the function of the Colombo Stock Exchange?

The main function of the Colombo Stock Exchange is to exchange precious materials and supplies to others for interest and higher prices. This is how Stock Exchange makes money.


What is the functions of the Colombo stock exchange?

The main function of the Colombo Stock Exchange is to exchange precious materials and supplies to others for interest and higher prices. This is how Stock Exchange makes money.


What does strength in numbers means?

It means the more you have as in money the easier things will be.


Why are economic transactions easier with money than with barter?

Economic transactions are easier with money than with barter because money serves as a universally accepted medium of exchange, making transactions more efficient and eliminating the need for a double coincidence of wants.


What is the meaning of receive at the office of exchange?

if you're asking about the Exchange Items, the second your item has been traded, it is reported to your office so it can remind you that your exchange offer has been accepted.Exchanging Items is one of the best idea's howrse has made, it makes earning money much easier!If this answers your question, please PRESS the YES button below! :)Thank you,Chelsea111