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

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10y ago

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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 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.


How can one make money by converting currencies?

One can make money by converting currencies through a process called foreign exchange trading. This involves buying a currency when its value is low and selling it when its value increases, thus making a profit from the difference in exchange rates.


How did Bessemer process make life easier?

It was a cheaper and easier way to make steel.


How does money make the exchange process easier What would shopping be like if money didn't exist?

Without money all transactions would have to be by barter. You would have to have something that the seller wanted every time that you went shopping or you could not buy anything. Mail order and internet shopping would be an impossibility. Banks, checks, and credit cards could not exist.


How can one make money on currency exchange?

One can make money on currency exchange by buying a currency when its value is low and selling it when its value is high. This involves predicting and taking advantage of fluctuations in exchange rates to make a profit.


Why is it possible to make money in the currency exchange market?

Exchange rates are always fluctuating.


Is it possible to make Money in the currency exchange market?

Exchange rates are always fluctuating.


How can one make money by exchanging currency?

One can make money by exchanging currency through a process called forex trading. This involves buying and selling different currencies in the foreign exchange market to profit from fluctuations in exchange rates. Traders aim to buy currencies at a low price and sell them at a higher price to make a profit.


How can I make money by exchanging currency?

You can make money by exchanging currency through a process called forex trading. This involves buying and selling different currencies in the foreign exchange market to profit from changes in exchange rates. It requires knowledge of the market, analysis of economic factors, and understanding of risk management strategies.


How can one make money with currency exchange?

One can make money with currency exchange by buying a currency when its value is low and selling it when its value is high. This involves predicting currency fluctuations and taking advantage of the differences in exchange rates to make a profit.


Are there money hacks for potco?

no but you can make easy money in thegrand exchange which is next to varrok.