Money evolved through several stages to get to the currency notes and coins we have today. However “ Modern - day trade may compare...

      

Money evolved through several stages to get to the currency notes and coins we have today.
However “ Modern - day trade may compare negatively with barter trade”. Discuss this statement giving it your support.

  

Answers


sharon
-Trading procedures have become complicated
-Increased fraud and cheating over money
-Trade has become risky due to theft and carrying of large sums of money
-Trade has become expensive where one has to bank money, pay interest for loans etc.
-It has been dominated by only a few leaving out the majority.

sharon kalunda answered the question on February 28, 2019 at 12:52


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