Money

Money is a commodity accepted by general consent as a medium of economic exchange. It is the medium in which prices and values are expressed. It circulates from person to person and country to country, facilitating trade, and it is the principal measure of wealth.

What is Money

The Oxford English dictionary describes money as “A current medium of exchange in the form of coins and banknotes.” But what exactly means this, and how is its development? How do we switch from exchanging livestock with goods, to be able to exchange money "invisible", such as electronic and virtual money, for goods and services today? We

By |2022-06-01T10:11:54+00:00June 1st, 2022|Money, Training|Comments Off on What is Money

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