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Business, 31.03.2020 00:50 WarriorWolf3773

Barter requires that you know the market value of all the goods and services that you want and have to offer. are a member of an established barter network. find a person who has what you want and a person who needs what you have to offer. live in an area where there are people with diverse talents and a market with diverse products. The use of money provides a common value that makes buying and selling transactions simpler as long as there is one currency in use. establishes the value of goods and services. provides a common value that makes bartering transactions simpler. provides a common value that makes buying and selling transactions simpler than would be the case with barter. Consider the statement: "We want money only to part with it." When people express a desire to have money, they really want a larger balance in their checking accounts. to be rich. a better paying job. the goods and services that money can buy.

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