MONEY
Money in traditional economics is defined as any Exchange that is
acceptable in General. Exchange it can be any object that can be
accepted by everyone in the community in the process of exchange of
goods and services. In economics, money is defined as something that is
possible and is generally accepted as means of payment for the purchase
of goods and services as well as a wealth of other valuable and for
payment of debts. Some experts also mentioned the function of money as a
tool to prevent payment. In conclusion, money is an object that is
generally accepted by the community to measure value, switch, and make a
payment on your purchase of goods and services, and at the same time
act as a tool penimbun wealth.
The existence of money provides
an alternative transaction that barter is easier than more complex,
inefficient, and lacking suitable use in the modern economic system
because it requires people who have the same desire to do exchanges and
also the difficulty in determining the value. The efficiency obtained
with the use of the money ultimately will encourage trade and Division
of labor that would increase productivity and prosperity.
No comments:
Post a Comment