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what is money explained
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=WZnVkqEKRrs
What is Money | Definition of Money • Money is an item or record that is generally accepted as a way to pay for goods and services, and to repay debts. It is a medium of exchange, a unit of account, and a store of value. Money is also a social construct, as people accept it because they know others will. • Money has taken many forms over time, including shells, beads, wheels, and even cows. Today, modern economies use fiat money, which is issued by central banks and is not tied to a physical commodity. However, cryptocurrencies like Bitcoin are decentralized and not controlled by any central bank. • Money is essential for meeting basic needs like food, shelter, and healthcare. Economies rely on money to facilitate transactions and to power financial growth. #shorts #facts
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