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30 June, 06:38

What are the three main purposes of money? In your answer

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  1. 30 June, 09:04
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    Answer:Three main purposes for money would be to buy consumables like food and drinks, you also need money for emergency's, and you need money to buy a house
  2. 30 June, 10:07
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    Money replaces the need for bartering because it creates an easy way to analyze, exchange, and store value. As a medium of exchange, money allows us to easily trade value for a product we want to purchase. Because money is a unit of account, we can assign a dollar value to products. Finally, because money allows us to store value, we can accumulate value over time. In each case, we have more options than bartering would provide.
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