12-29-2022, 06:12 PM
(This post was last modified: 12-29-2022, 06:12 PM by urmiaktate.)
In addition to the main function, money also has a derivative function as written in org as follows. Money as Legal Instrument of Payment Complex human needs cannot be met simply by bartering. Therefore, money appears as a transaction solution to make it easier and more efficient. Money as Debt Payment Instrument Money can be used as a measure of payment in the future, one of which is for debt payments. Money as a Tool for Hoarding Wealth When the money is left by the community, it will usually be saved. Or they deliberately set aside money for future needs.
Money as a Transferring Tool for Wealth Money can be used as a means of transferring wealth, for example land or other property is sold to be transferred in the form of money. The money can Malaysia Phone Number Data be used for various purposes, such as education, health, and so forth. Money as a Driving Tool for Economic Activity When the value of money is stable, people will be more enthusiastic or passionate about investing. Investment can encourage economic activity to increase. History of Money In the beginning, humans fulfilled their daily needs by utilizing natural resources. They try to meet their needs with their own efforts.
![[Image: aaa-300x171.png]](https://www.dyleads.com/wp-content/uploads/2022/12/aaa-300x171.png)
For example by making their own clothes, looking for their own fruit, and so on. Gradually, people realize that their own products or efforts to meet their daily needs are not enough. Therefore, to meet their daily needs, they barter or exchange goods to complement each other's needs. However, this method is also not effective. Because of the difficulty finding people who have the desired goods and are willing to barter. Not only that, barter does not have an equal or nearly equal exchange value. The bad political situation also caused fear to barter.
Money as a Transferring Tool for Wealth Money can be used as a means of transferring wealth, for example land or other property is sold to be transferred in the form of money. The money can Malaysia Phone Number Data be used for various purposes, such as education, health, and so forth. Money as a Driving Tool for Economic Activity When the value of money is stable, people will be more enthusiastic or passionate about investing. Investment can encourage economic activity to increase. History of Money In the beginning, humans fulfilled their daily needs by utilizing natural resources. They try to meet their needs with their own efforts.
For example by making their own clothes, looking for their own fruit, and so on. Gradually, people realize that their own products or efforts to meet their daily needs are not enough. Therefore, to meet their daily needs, they barter or exchange goods to complement each other's needs. However, this method is also not effective. Because of the difficulty finding people who have the desired goods and are willing to barter. Not only that, barter does not have an equal or nearly equal exchange value. The bad political situation also caused fear to barter.