Ask Question
5 July, 01:58

Where do the different types of money derive their value?

+2
Answers (1)
  1. 5 July, 02:42
    0
    These are several things that create value for the money:

    - Durability

    It should be made with materials that could sustain themselves for a long period of time.

    - Identifiability

    Money should be easily recognized by the people who use it

    - Portable

    Money should be in a size and shape that are easy to be carried around by people.

    - Usefulness

    Money should have trading powers that people could use to obtain another goods or services.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Where do the different types of money derive their value? ...” in 📘 Social Studies if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers