Top Rules for Successful Trading
It is quite an astonishing fact to realize and process that we have been an integral component of the consumer...
What is money?
“You can’t buy happiness through money, but there is a lot of other stuff that you can buy.”
People use the money to buy goods and services, and also to invest. Money has several denominations such as coins and rupee notes in India, dollar bills and cents in the United States of America. Every country has its currency. The United States currency is a dollar bill, Indian currency is ₹, and in the UK, the currency is Pound Sterling.
Each denomination has its significance that is considered during a trade. For example: If you buy chocolate of 4$ in the US, the following will be the denomination:
This is a 1$ bill and if you use 4 of them, it will be 1$ + 1$ + 1$ + 1$ = 4$
Or you can also use a 5$ bill to spend on it. Upgrade to Premium Plan to unlock this content!This content is locked
Citations :
Skillioma (October 27, 2021) What is money?. Retrieved from https://www.skillioma.com/what-is-money/.
"What is money?." Skillioma - October 27, 2021, https://www.skillioma.com/what-is-money/
"What is money?." Skillioma - Accessed October 27, 2021. https://www.skillioma.com/what-is-money/
Skillioma May 11, 2020 What is money?., viewed October 27, 2021,<https://www.skillioma.com/what-is-money/>
Skillioma - What is money?. [Internet]. [Accessed October 27, 2021]. Available from: https://www.skillioma.com/what-is-money/
"What is money?." Skillioma [Online]. Available: https://www.skillioma.com/what-is-money/. [Accessed: October 27, 2021]
Power Words :
- Demonetization
- Circulation
- Denomination
- Currency
- Import
- Export
This content is locked
Upgrade to Premium Plan to unlock this content!
Hashtags :
- #GPSforLifeAndCareer
- #ConsciousIntelligence
- #Kidswiki
- #MindInTheMaking
- #RelevanceInEducation
- #MeaningfulLearning
- #RealWorldSkills
- #SafeContent
- #360DegreeDevelopment
- #Skillioma
- #BeyondCurriculum
- #SkillsBeyondSchool
Related Posts
Understanding Quarters and Quarterly reports
Generally, a quarter refers to one-fourth of a whole. A year, which has 12 months, is divided into four quarters....
What do you mean by risk?
Risk is a term that we often use in our daily life. There is also a very popular Hindi phrase...
What is the difference between a freelancing job, a full-time job, or being an entrepreneur
Every individual will have some goals in their career like becoming an entrepreneur or getting a full-time job in top...
What is the difference between Software and a Mobile App?
Software and mobile applications are terms used to understand computer technology. In other words, applications are a form of software....
What are databases and why do we need them?
Since time immemorial people have agreed on one fact without any hesitation, that organization is the key to get better...
