answersLogoWhite

0


Best Answer

Money can be made of many different things.

Most commonly, coins are made of metals such as copper, nickel, aluminium, steel, zinc, etc. In the past, coins were also made of silver or gold before those metals became too expensive for ordinary coins. During wartime some countries actually made coins from cardboard, plastic, or even porcelain due to metal shortages.

The metals are often alloyed; that is, they're melted and mixed together to create a mixture with characteristics that both let it take a clean image from a coin press while holding up to wear. Some countries make coins in layers (e.g. steel plated with copper, or copper clad with brass), again so the coins have characteristics needed for use in commerce. Still other coins are "bi-metallic" or even "tri-metallic", consisting of alternating rings of different metals that make them easily distinguished on sight.

Currency, usually called "paper money", is printed on various paper-like materials. Some countries like the US use a blend of plant fibers (cotton and linen) that creates a strong base. Others have recently introduced plastic or plastic/fiber blends that are more resistant to wear than traditional paper-like materials.

Many other materials have been used as money over the centuries in addition to metal and paper-like substances. Some societies have used shells, carved stones, even animal claws or furs as a medium of exchange.

The important thing about any form of money isn't that it necessarily has any value in and of itself, but rather than both the person spending it and the person receiving it agree on the value represented by a particular piece. In modern society that extends beyond just the two people in a transaction - the members of the society as a whole have to be (mostly) in agreement about the value represented by whatever is being spent. For example, a €100 note is just a piece of paper and plastic worth a few cents by itself, but everyone agrees that it represents a certain amount of buying power.

User Avatar

Wiki User

โˆ™ 2015-03-23 21:55:05
This answer is:
๐Ÿ™
0
๐Ÿคจ
0
๐Ÿ˜ฎ
0
User Avatar

Add your answer:

Earn +20 pts
Q: What is money made of?
Write your answer...
Submit
Related questions

Who made up money?

Wait what do you mean? What do you mean who made up the money? That do not make sense. =~=


How the money is made?

Money is made out of 25% linen and 75% cotton.


What is the place called where money is made?

Mint


Is money made out of paper?

Yes money is made from paper. But not the paper that they use for fake money. And coins are made from metal or copper....or even bronze. Money is made from paper.


How did William Shakespeare expirience financial success?

The theatres he invested in made money, the theatrical company he was a shareholder in made money, his published poetry made money, and he made money out of leasing property he bought.


How did colonists get there money?

They made money


How much money has Janet Jackson made?

she has made only the 1/23 of the money her brother made


Where is Canadian money made?

Canadian money is made in polar bear land.


What tree is money made from?

Money is not made from treeswhat kind of idiots do not know that


A place where money is made?

Money is made at a mint.


Is money made from trees?

No most money is made from cotton fibres. Australian money is made from plastic and coins are made from metal. Even those currencies that are made from trees, don't grow on trees ;)


Is money made of paper?

Money is made out of thick paper with cotton fibers, etc.


What is paper money made out of?

paper money is made out of 25% linen and 75% cotton


What is charge made for using anothers money?

change made for using anothers money


How did New Jersey made money?

new jersey made money by the trading which was in 1664


What does the idiom made a pile mean?

Made a pile means the person has made allot of money (i.e. a pile of money).


Is money made in a mint?

US paper money is made at the Bureau of Engraving and Printing, coins are made at the US mint.


What is Aussie money made of?

Aussie money is made of plastic due to the large amount of surfers.


What is US money made at?

USA Money is made at The US Department of Treasury at Washington D.C.


What was acient chinese paper money made of?

If it is called "paper money", then presumably, it was made from paper.


How did gatsby say he made his money?

Gatsby said he made his money with his drug stores. But really he made his money stealing bonds and bootlegging alcohol around the corner from his drugstores.


How is money made today?

today money is our of paper


Which movie has made the most-money?

Avatar


How does Washington get its money?

They get their money from a place called a mint, where money is actually made!


How is ASPCA money made?

The RSPCA's money is made by donations. The public donate money to keep the shelters going and keep the animals healthy.