Money is a medium of exchange between individuals, corporations, and households for the exchange of any goods or services.
Money is known as the medium of exchange due to the fact cash is an extensively widely widespread token that may be used for the exchange of any good or service.
In antique days, the barter system changed into used as a medium of exchange and later it changed into gold.
Money performs several functions, but first and foremost it is a medium of exchange.
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