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.
Cash but unfortunately it is not safe from inflation so the second most liquid there is is gold. Gold coins
Money refers to any medium of exchange that holds value and can be used to purchase goods and services. Currency, on the other hand, specifically refers to the physical form of money, such as coins and banknotes, issued by a government or central authority. In essence, currency is a type of money, but not all money is in the form of currency.
A commodity form of money is when the value of the money is determined by the intrinsic worth of what makes it. For example, if the money is salt (as was used by the Roman empire) then the value of the money is the same as the value of the same weight of salt in another form. A token form of money is when a form of money (for example a coin) is created that has little or no intrinsic value, but has value because a company or person has agreed to exchange the token for a good or service of value. One example is bus tokens - small coins that can be presented on buses in exchange for transportation.
If an economy uses gold as money, it's money will be coins.
money economy is all about money u spend and all the money the economy such as cash;coins By:Ayesha
Sure, they're valuable. Money is money, regardless the form: paper note or coins.
No. Money in the form of coins had been around long since before George Washington was even born. This was in the form of gold coins.
They had coins, but could also barter.
coins used to be a form of trade. silver coins had higher denomination than larger copper coins. Paper was worth next to nothing. The paper money money was not popular because the paper money just meant that you can redeem this paper for silver. So at that time there was no point to the paper money
Six obols made a drachma. Copper and silver coins.
Coins are money, so to have a lot of coins, you need a lot of money.
Taxes were collected in the form of labor or goods.
Taxes were collected in the form of labor or goods.
Taxes were collected in the form of labor or goods.
Number of different sums of money that can person form is 15. Step-by-step explanation: Given : A person has 4 coins each of different denomination. To find : What is the number of different sums of money the person can form? Solution : A person has 4 coins each of different denomination. Selecting 1 coin out of 4 coins gives possible ways. Selecting 2 coin out of 4 coins gives possible ways. Selecting 3 coin out of 4 coins gives possible ways. Selecting 4 coin out of 4 coins gives possible ways. Total number of different sums of money that can person form is 4c1+4c2+4c3+4c4= 4+6+4+1=15 Therefore, Number of different sums of money that can person form is 15
The first use of money in the form of coins was around 600 BC in current day Turkey. http://oldestcoins.reidgold.com/article.html
Coins were a major form of currency before paper was used. Gold was a big form of currency.