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.

  • 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.

(Visited 17 times, 1 visits today)
Share this:

Written by 

Leave a Reply

Your email address will not be published. Required fields are marked *