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25 August, 19:38

Describe how money's portability, uniformity, and

divisibility have impacted recent purchases you have made.

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Answers (1)
  1. 25 August, 20:03
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    Portability of money is a characteristics of money that means money must be light and easy to carry about. Money should be easy to transport when people travel.

    Uniformity of money is the standardization of money so that it will look the same. When money is uniform, it is easily recognizable.

    Divisibility means that money must be able to be easily divided in order to enable a person to purchase different products. Also, when a person buys a product, the person must be able to collect his or her change. I have different denominations which I use to make purchases.
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