MONEY
Hey Readers, How you doing y'all? lolz- how
are you, your family, school, friends, even those people you don't like too
much... I pray God brings Matchless Peace and Love your way and to everyone you
are related to in Jesus Mighty Name- Amen. Today we are talking about the most
wanted thing in the world-Money!!!. Lolz- Let's Begin....
Money can be
defined as any medium of exchange which is generally accepted by the people, in
payment for goods and services or settlement of debt and at the same time as a
measure or stock of value.
Trade By
Barter
is a form of Trading in which goods are exchanged, directly for other goods
without the use of money as an intermediary.
Problems of
Trade By Barter:
a. Problems of Double Coincidence of Wants-
This involves looking for someone who needs what you have, and at the same time
has what you need.
b. No Fixed Rate of Exchange- Since no
fixed amount is placed on a particular good, they is always a problem.
