Ask Question
16 September, 11:59

How did the invention of money as a medium of exchange affect the barter system?

+3
Answers (1)
  1. 16 September, 15:43
    0
    The barter system is a form of trading in which goods are exchanged directly for other goods without the use of money or as an intermediary, without a medium of exchange. The invention of money supplemented the barter system by providing a nonperishable medium of exchange.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “How did the invention of money as a medium of exchange affect the barter system? ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers