Question

What is the main advantage of using money instead of bartering?

Things that people usually trade have very little value to anyone.
Not all countries use the same types of money in their economies.
Money comes in many different values to pay for goods and services.
People do not have to have a good or service that another person wants.

Answer 1

[AI-generated answer — Bot GPT 3.5]

The main advantage of using money instead of bartering is that money is a universally accepted medium of exchange. Unlike bartering, where people need to have a good or service that another person wants, money can be used to purchase any good or service, as it holds value for everyone. This makes transactions much easier and more efficient. Additionally, money allows for the accumulation and storage of wealth, enabling individuals to save and plan for future expenses.