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Question
Class 7Social ScienceFrom Barter to Money

How did the introduction of money simplify trade compared to the barter system?

Verified Answer

Money simplified trade by providing a portable, divisible, and universally accepted medium of exchange. It allowed for easier transactions, and people could store value and make future payments, overcoming the limitations of the barter system.

How did the introduction of money simplify trade compared to the barter system? | Shiksha Nation