ObjectiveMcq
Print Protected
This page is protected for print. Use the website to view the content.
Why is money considered a better medium of exchange than the barter system?
Correct Answer: D — It is accepted everywhere
In the barter system, you had to find someone who wanted exactly what you had-like trading wheat for rice. But money solves this problem because everyone accepts it in exchange for goods and services. That's why money makes trade easier and faster!