ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Portability means that individuals are able to carry money (for example, currency and coins) with them in their pockets or wallets and transfer it easily to other individuals.

Detailed explanation-2: -Portability. While the cow is difficult to transport to the store, the currency can be easily put in my pocket.

Detailed explanation-3: -in fact, a variety of items have been used as money over the centuries. The items that worked the best tended to have four basic characteristics: portability, divisibility, durability, and acceptability.

Detailed explanation-4: -in fact, a variety of items have been used as money over the centuries. The items that worked the best tended to have four basic characteristics: portability, divisibility, durability, and acceptability.