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What Is The Money | What Is The Key Explanation Of Money - BishuTricks

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What Is The Money


What Is Money?

Generally, money is a set of assets of an economy that people are willing to use as a means of payment for buying and selling goods and services on a regular basis.

Various objects have been used as meanings throughout history. Gold and silver are widely used in metal parts because they are well stored and easy to transport. Gold and silver also have an internal value, because they can be used for jewelry.

Currently, it is much more frequent that it has no internal value, such as bills. Without internal value, money is known as a moneylender. People accept money as they believe they can use it in other transactions.

Money Is Full Of Meaning:

Money fulfills three functions in an economy:

Way of change: It is generally accepted by society to purchase and sell products and services.

Account unit: Because it can fix prices and document loans.

Value Deposit: It can transfer power over time to buy goods and services

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Money Features As Meaning Of Payment:

For payment of money in exchange for money, it must be:

Durable: A reasonable state for a reasonable time will be able to promote the economy.
Transportable: The holder will be able to easily transport enough money.

Discrete: Money is easy to subdivide small parts without losing its value so that their value can be estimated at a business purpose.

Homogeneous: Any unit, of course, must have a value like others.

Controlled emissions: Maintain its quality and do not stop the economy because the supply of money is insufficient. This means that it is necessary to avoid his lies.

Money Definition:

The means of exchange of money, usually in the form of notes and coins, which are accepted for the payment of goods, services and all liabilities of an organization. Its spiritual sources take us to the Latin word danarari, which was the currency name used by the Romans.

Money fulfills three fundamental features: It is an exchange way, which is easy to store and transport; This is an accounting unit since it allows to measure and compare the value of products and services which are different from each other. And it makes value a sanctuary, which stores possible.


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Large scale business expansion was allowed due to the development of money. In ancient times, the barter was the superiority of the commercial system. The products were exchanged among themselves (apples for wheat, a cow for wheat, etc.), which makes it difficult to fix the quality and transportation. On the other hand, with the money, the trade was simplified.

Note that the value of money is not available in the bill of paper or in fixed currency, but it is derived from the guarantee and certification of the issuing company (e.g. Central Bank). It is important to remember that the meaning works through a social contract (it is accepted by all members of the society).

Currently, money can be made on the basis of two methods: Legal money, which is bills by printing and excavation of coins and made by the central banks by the banks developed by private banks. User account annotation

Abstract Price Of Money:

In our age, the meaning of money has never taken importance before ever; We have reached a point of absolute dependence on him so that he can not live without society. Unfortunately, this tendency is compiled for only a few years and incorporates the complete loss of moral values ​​and especially our colleagues. It is so, nothing can be achieved without money because we believe in hospitality and stop giving it.

Money means many people are not one kind of God and so wrong. People have learned to rely on him so that he is able to assemble his policies for earning more money, he stole, killed, abandoned, etc. In addition, a system has been created in which the word's requirements have been fixed and that category has entered the product which is clearly not the first requirement.

However, some people who are aware of the real harm, trying to get out of the system due to this absolute dependence on money, promote community activities that help improve the quality of living of all residents and more and more people are concerned about the needs and needs of others. In addition, bartering is becoming fashionable again and people are able to exchange certain objects that they need no longer needed for them. In this way, an object does not have any object left, and people may still get money if they do not have money for money.


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Finally, note that dependence on money does not only explain the problems but it is a major consequence, the disease (which has become common currency in our society). Those who can not reach their wages expectations or who do not want them to access, feel frustrated, discouraged and sad, and they allow them to lose their work and encouragement for living.

Use Of Money:

Money in human life has become meaningful. Because the functions it performs are virtually unchangeable by any other known method. The three main uses are:
Account unit: Used to price each item.

Change means: Be able to carry commercial transactions through payment and collection.

Value Stores: The notes between themselves and coins can serve to provide savings for the standard families and use it for emergencies without loss of business.

I Need Money:

Home failure I wish we could decide when the boiler break or electrical installation stopped. I hope unfortunately this is not the case, so if your washing machine is broken or you have to buy a new refrigerator and there is still a lot of time left to collect the salary.

Purchase or unexpected bill Did you just break your glasses? Gas bill unexpectedly exploded this month? Is this situation true? You can easily and quickly deal with this kind of unexpected situation.

Whims you can take. The skirt of the shop beside the work is keeping an eye on you. This is a very good discount and you know that it will not last long, but this month you can not afford more.

That's you "I need money" to never cloud your sight.

If you want to pay a loan, for example, home mortgage or any other type of loan.
You want to solve long-term financial problems.

Basically, payment of money was created as a way to avoid exchange exchanges and effectively evaluate the product through the same channel, currency. The currency was initially created as an intrinsic value, i.e., the price gold composition, such as. The coins were worth because they were made of gold and silver and their weight was valuable in this precious metal; Money today is trustworthy, ie, when we are identified by the currency itself, please attach a standard generally acceptable.




This post first appeared on Bishu Tricks, please read the originial post: here

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