Description: Barter system involves trading goods directly. Money serves as a universally accepted medium of exchange, facilitating transactions efficiently.
Description: Qualities of money include durability, divisibility, portability, and uniformity. Functions include medium of exchange, store of value, and unit of account.
Board: State Board
Stream: Commerce
Standard: XI
Course: Economics
Know MoreBoard: CBSE
Stream: Commerce
Standard: XII
Course: Economics
Know MoreBoard: CBSE
Stream: Commerce
Standard: XII
Course: Economics
Know MoreBoard: CBSE
Stream: Commerce
Standard: XII
Course: Economics
Know More