What
is money?
Money is any object or record that is generally accepted as payment for goods and service and repayment of debts in a given socio-economic context or country.
Money is any object or record that is generally accepted as payment for goods and service and repayment of debts in a given socio-economic context or country.
The
origin and history of money?
Capitalist
Division of labor appears
Demand for commodity exchange
Industry development
Capitalist
Division of labor appears
Demand for commodity exchange
Industry development
Form
of monetary?
Based on values: the actual cash value and sign
- Real money: flow through the intrinsic value
- Sign values: flow through the trust, social conventions
Based on the physical cash currency and pen
- Cash: Money matterPens Currency: immaterial, cash book
Based on values: the actual cash value and sign
- Real money: flow through the intrinsic value
- Sign values: flow through the trust, social conventions
Based on the physical cash currency and pen
- Cash: Money matterPens Currency: immaterial, cash book
Liquidity
of assets?
Costs in terms of time, finance to convert goods into cash
Costs in terms of time, finance to convert goods into cash
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