English, asked by kritika20092010, 1 day ago

meaning of money and explain it

Answers

Answered by sushanthpola980
0

Answer:

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Explanation:

Money is a commodity accepted by general consent as a medium of economic exchange. It is the medium in which prices and values are expressed. It circulates from person to person and country to country, facilitating trade, and it is the principal measure of wealth.

Answered by anwesha4721
0

current medium of exchange in the form of coins and banknotes; coins and banknotes collectively.

Each currency typically has a main currency unit (the dollar, for example, or the euro) and a fractional unit, often defined as 1⁄100 of the main unit: 100 cents = 1 dollar, 100 centimes = 1 franc, 100 pence = 1 pound, although units of 1⁄10 or 1⁄1000 occasionally also occur.

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