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What are objects that have value in themselves and that are also used as money?
Wiki User
∙ 11y ago
Representative money
Wiki User
∙ 11y ago
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What is money in the form of coins?
money in the form of coins are money which have a less value like a dollar or a 50 pence as making notes for such a less value would be wasting allot of paper and coins can be updated more easily. coins can also be carried easily.
What lets people make an economic choice?
people choose economic choice because they want to earn money for their family also for themselves.
Why did people invent coins and paper money?
The first paper money was made in China. It could be burned at funerals and other important times to send wealth to one's ancestors. It is now made as it is less expensive to produce at the mint and more portable for the user than coinage would be.
Is it good to have oversupply of money?
Oversupply of money results in inflation. High inflation creates uncertainty and can wipe away the value of savings. When there is oversupply of money prices of items will go up. Inflation also affects distribution of wealth negatively.
How does saving help the US economy?
1) expansion of the economy requires capital; money in saving is used for expansion.2) money saved is also money invested in the economy.3) banks use moneyin savings to make loans to businesspeople.4) buisnesses that save are able to reinvest in themselves.
Objects that have value in themselves and that are also used as money is the definition for?
Objects that have value in themselves and are also used as money are referred to as commodity money.
Objects that have value in themselves and that are also used as money is the definition for .?
Objects that have value in themselves and are also used as money are referred to as commodity money.
What is marketable objects?
Marketable objects are things that can be sold or traded. They can be food, clothes, medicine, or other objects that people need. They can also be objects that people just want for entertainment or hobby value. If you can get people to buy it, it is marketable.
When will men stop treating women like objects?
Men will stop treating women like objects when they do not depend on them, also when they gets financially strong,and they themselves realize that they are in no way inferior to them!
Impact of future value in financial decision?
The future value of money is important in a business decision because you don't want to get less than the future value. You also want to make sure you make money if you will not have access to your money.
The concept of time value of money?
The concept of time value of money is used to compare the investment alternatives. The concept of money is also used to solve the problems that involves mortgages, leases and annuities.
Do people only care about money?
They might also care about family and friends and themselves and nature.
Who is the creator of mad money?
the creator of mad money is david ramsey. he is a financial advisor who helps people get out of debt but also allows them to have some money to spend on themselves
What is the brand owners opinion on sweatshops?
They don't reallly care on whats happening as long as thy get money and they are also able to get money for themselves and as long as they are sellig them and the business keeps only,thats okay for them. They don't reallly care on whats happening as long as thy get money and they are also able to get money for themselves and as long as they are sellig them and the business keeps only,thats okay for them.
What did the crusades have on trade?
The objects that the crusaders brought back from the crusade(s) were highly needed by the Europeans. This encouraged the trade, and also the use of money.
What is advantages and disadvantages Fiat money?
It is easy to print, easy to transport, divisibility is also easy and has intrinsic value. The disadvantage is that it does not have back up value and also subject to inflation and devaluation
Why do teenagers seek independence from their family?
So that they can have more money even they can support themselves. It can also come in the time of need.
