People use currency to provide goods and services by spending and buying
is accepted as payment for goods and services.
are the group of people provide goods and services in exchange of money or to get profit
Ancient Chinese people used a barter system for buying and selling goods. Some of the people used items such as bricks of tea as currency.
First of all - your punctuation. You need a comma after the second "currency" so as not to confuse whether 'value' or 'currency' is the point - "When the value of a country's currency goes up compared to another country's currency, that is considered a...?" Bad thing, as the cost of goods and services of 'Currency A' go up when compared to 'Currency B.' People will want things priced in Currency B, perceiving them cheaper than Currency A goods and services.
Goods are a tangible item where services are not tangible that provide a value to a consumer.
is accepted as payment for goods and services.
Goods and services
Same things modern currency is used for. Exchange of goods and services.
are the group of people provide goods and services in exchange of money or to get profit
entreprenuer
Ancient Chinese people used a barter system for buying and selling goods. Some of the people used items such as bricks of tea as currency.
CURRENCY TRANSACTIONS and PERSONAL AUTARKY are the opposites of bartering.Bartering is the exchange of goods or services for other goods or services, without money. E.g. I will cut your hair if you give me two books. Currency transactions are the exchanges of goods and services for money. Personal Autarky is refraining from any and all transactions with other people, providing yourself with everything you need by your own two hands.
First of all - your punctuation. You need a comma after the second "currency" so as not to confuse whether 'value' or 'currency' is the point - "When the value of a country's currency goes up compared to another country's currency, that is considered a...?" Bad thing, as the cost of goods and services of 'Currency A' go up when compared to 'Currency B.' People will want things priced in Currency B, perceiving them cheaper than Currency A goods and services.
Goods are a tangible item where services are not tangible that provide a value to a consumer.
goods
No. Barter System was one of the ancient ways of exchange of goods and services. Nowadays cash and currency has replaced the barter system. People usually pay for goods and services in money.
Currency is something people are willing to accept in exchange for goods or services. Dollar bills and coins are example of currency. Most people will not accept notebook paper in exchange for providing a good or service, and thus it is not considered currency.