Learn what is money and what are its functions.
Money is a commodity that has been accepted by all as an economic medium. It is used to express prices and values. As a currency, it circulates anonymously between people and countries, facilitating trade and is the main measure of wealth.
Money is a store of value.
Money can be thought of as a unit of account.
Money can be used as a medium of exchange.
Money may serve as a standard for deferred payments.
@moneyinstructor What is Money? Functions. #moneytok #financialeducation #financialliteracy #howmoneyworks #economics101 ♬ Monkeys Spinning Monkeys – Kevin MacLeod & Kevin The Monkey