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Monday 06 May 2024 07:49:53 GMT
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NguyenThiLy_Mẹ Đậu🫛 :
00) The nature of money (0:02) The nature of money is a special commodity, a unified equivalent between other commodities. (0:07) It is an intermediary in the exchange of goods, a tool to make the buying and selling process more convenient and easier. (0:14) To better understand the nature of money, let's analyze its two basic properties. (0:20) The use value of money (0:21) It is the ability to meet the exchange needs of society, the need to use it as an intermediary in the exchange process. (0:27) This means that money only exists when society has a need. (0:32) The use value of money will depend on social regulations. (0:35) Money will exist as an intermediary as long as society still recognizes its role. (0:41) The value of money is expressed through purchasing power, which is the ability to exchange more or less for other goods in exchange. (0:47) Purchasing power here is considered in terms of all goods on the market. (0:52) What is the function of money? (0:54) The nature of money has been clearly analyzed. (0:56) So what is the function of money and what contribution does it make to the development of an economy? (1:02) Below are 5 basic but very important functions of money. (1:06) Function 1 is a medium of exchange. (1:08) The process of direct exchange of goods between entities is gradually replaced by an indirect form when money appears. (1:14) Money acts as an intermediary, a common equivalent. (1:18) Money is a means to help buying and selling activities take place conveniently and quickly. (1:23) Function 2 is a means of measuring value. (1:26) Money is a means of measuring the value of goods and services. (1:30) Each commodity will be valued in currency. (1:32) It is similar to the way we measure mass by scales or length by meters. (1:37) The value of a commodity when expressed in currency is called price. (1:41) This price is influenced by many other factors such as the value of goods, the value of currency and the relationship between supply and demand in the market. (1:48) This function of money is also shown in measuring the development of society, measuring the standard of living of people. (1:54) From there, a monetized economy is created.
2025-12-03 01:28:13
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NguyenThiLy_Mẹ Đậu🫛 :
Function 3 is a means of payment. (2:01) Money simplifies the process of exchanging goods and services between entities. (2:06) Money can be used for trading, debt repayment, and tax payment. (2:10) Money is recognized and has a high degree of accuracy in exchange value. (2:14) Function 4 is a means of accumulation. (2:16) Money is considered an accumulated asset when money is withdrawn from circulation in the market and cut into letters. (2:22) The more money is cut into letters, the greater the material wealth in society. (2:26) This is a manifestation of assets with a national economy. (2:30) Function 5 is world currency. (2:32) Money functions as a world currency when it is recognized and trusted by countries around the world according to the exchange rate, (2:38) to compete for currency price differences between countries. (2:40) Exchange rates are determined according to the economies of different countries. (2:44) This is the means of international payment.
2025-12-03 01:30:04
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