English, asked by JKJKJKJKJKJKJK, 1 year ago

FOR ASL ABOUT MONEY ?

Answers

Answered by nadeeha
2
Money is what people use to buy things and services. Money is what many people take for selling their own things or services. There are many kinds of money in the world. Most countries have their own kind of money, such as the United States dollar or the British pound. Money is also called many other names, like currency orcash. Most of the time a state or a government prints paper money and makes coins at a mint.The idea of bartering things is very old.[1] A long time ago, people did not buy or sell with money. Instead, they traded one thing for another to get what they wanted or needed.[1]One person who owned many cows could trade with another person who owned much wheat. Each would trade a little of what he had with the other. This would support the people on his farm. Other things that were easier to carry around than cows also came to be held as valuable. This gave rise to trade items such as jewelry and spices.Many types of money have been used at different times in history. These are:Cowry shells
Commodity money
Convertible paper money
Inconvertible money
Bank deposits
Electronic money


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