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Money and Trade

Money and Trade. Functions of Money. Has three functions: Medium of exchange . Store of value. Measure of value . . Types of Money. Anything people are willing to exchange for goods can be considered money. Most common types of money today: Coins = metallic forms of money .

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Unit 2, Lesson 4 The Function of Money

AOF Principles of Finance. Unit 2, Lesson 4 The Function of Money. Money is so common that we rarely think about what it is. _____________ is any medium that is generally accepted as payment for goods and services. Money is used to get the things we need and want.

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Money facilitates - PowerPoint PPT Presentation

Money and Trade

Unit 2, Lesson 4 The Function of Money