History of money Essay Example | Topics and Well Written Essays - 1500 words

History of m superstary - Essay ExampleThe intention of money is identifying the value of a standard measurement of goods and services. Money is used as a denominator where one can express the measure of the value of a commodity. Money is also identified as be through human convections. For this reason, human beings have the power to reposition the value of money or change it. It is in the nature of money that it is identified as being subject to fluctuations due to value with completely other commodities that it may be compargond to. Money is, however, more stable when compared to goods. This is because goods value is think specifically to the individuals that demand the goods. Use of money is a measure of value for establishing the proportional value that could hit it possible to equalize all commodities with this standard where it is accepted and makes the community and enables exchange.The nature of money is that all commodities, things, and objects are measurable by money. Exchange of goods and services for money occur when the parties travel by a common landed estate for agreement on exchange basing the agreement on the idea of proportionality. The nature of money allows humans to reach an agreement that serves the needs of their intercourse and interaction although it might not be possible to for different goods to be equal.The nature and condition of transactions are dependent on the good and service that the buying companionship wants. Since nature requires equality, where unequal individuals receive shares unequally, the significance of money in the act of exchange is demonstrated