Specific introduction:
This trading mode has existed in the early period of human history and is a very common trading mode in ancient civilization. In the later historical development, people found that it is more convenient and efficient to complete transactions by purchasing other goods or services with valuable goods, so money appeared as a medium of exchange value.
Currency form:
The earliest forms of currency include natural objects such as shells, stones, animal teeth and metals, which have certain practical and ornamental values in people's social life, so they gradually evolved into widely recognized trading currencies.
There are many forms of money, including paper money, coins and electronic money. Different countries and regions have different monetary units and issuers. The value of money is usually managed and maintained by the government or the central bank. Monetary stability plays an important role in economic development and social stability.
The main features of money:
1, media exchange:
As a medium of exchange, money replaces direct barter transactions, making transactions more convenient and efficient. People can use money to buy the goods and services they need without looking for a suitable exchange object.
2, the value scale:
As a measure of wealth and value, money enables people to compare the values of different goods and services. Money represents its value with a certain face value, and people can determine the prices of goods and services according to the value of money.
3, storage means:
Money can be used as a means of storing wealth, and people can store the remaining money for future use. Compared with non-monetary storage items, money is more convenient to carry and keep.
4. Payment method:
Money can be used to pay off debts and complete transactions. People can use cash, electronic payment and other forms of money to pay for the purchase of goods or services, or to repay debts.