WHAT IS MONEY?

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Money

Samuel Anderson-McCoyにより

FINANCIAL MATHEMATICS

Maria Paula Hernadez Vergaraにより

The early Hanoverians

Camilla Perにより

Social Constructions of Childhood

Gillian Dickinsonにより

WHAT IS MONEY?

literature

https://www.banki.ru/wikibank/dengi_wiki/

https://english-bird.ru/about-economics/

conclusion

Money plays a big role in our life, without it it is very difficult to live and survive. Money doesn't make you happier, but it will help you bring joy to those around you.

Payment Methods

payment by cryptocurrency

barter payment

by payment via a mobile phone

transfer via internet bank

electronic money

by credit card

cash payment

Money is used in all areas of activity

Money is used to develop...

and many other areas of activity

art

graduation

sport

culture

Types of modern means of payment

The progress of society does not stand still. One era is replaced by another, and new means of payment are periodically introduced into economic systems. If you ask the bank about what types of money exist in our time, then the specialist will definitely inform you about metal, paper and credit means of payment. They differ not only in the form of production, but also in the concentration of value.

Modern economics distinguishes five functions of money

1. Measure of value. Money allows you to estimate the value of goods by setting prices. 2. Means of circulation. Money plays the role of an intermediary in the exchange process. 3. Means of payment. A money function that allows the payment time not to coincide with the payment time, that is, when goods are sold on credit. 4. Means of accumulation and savings. The ability of money to participate in the process of formation, distribution, redistribution of national income, the formation of savings of the population. 5. The function of world money. It manifests itself in the relationship between economic entities: states, legal entities and individuals located in different countries

Money is a thing without which it is very difficult to live in the modern world

So money isn`t just pieces of paper it`s a medium of exchange that facilitates trade

Money is a good that acts as a medium of exchange in transaction