MONEY. MONEY IS USED FOR BUYING OR SELLING GOODS, FOR measuring stick VALUE AND FOR STORING WEALTH. Almost every society now has a m sensationy economy based on coins and paper notes of one kind or another. However, this has not always been true. In prime societies a outline of barter was used. Barter was a system of direct exchange of goods. Somebody could exchange a sheep, for example, for anything in the market place that they considered to be equal value. Barter provided was a very unsatisfactory system because peoples precise needs seldom coincided. People needed a more practical system of exchange, and various money systems veritable based on goods, which the members of a society recognized as having a value. Cattle, grain, teeth, shells, features, skulls, salt, elephant tusks and tobacco have all been used. Precious metals little by little took over because, when made into coins, they were portable, durable, recognizable, and divisible into larger and smaller units of value. A coin is a piece of metal, usually disc-shaped, which bears lettering, designs or song showing its value.

Until the 18th and 19th centuries coins were given monetary expense based on the exact amount of metal contained in them, but most modern coins are based on face value, the value the governments choose to give them, irrespective of the authentic metal content. Coins have been made of gold (Au), silver (Ag), slovenly person (Cu), aluminum (Al), nickel (Ni), lead (Pb), zinc (Zn), plastic and in China even from pressed tealeaves. Most governments now free paper money in the form of notes, which are promises to net. Paper money is obviously easier to handle and much more convenient in the modern world. Checks, bankers, cards and credit cards are being used increasingly and it is possibly to create mentally a world where money in the form of coins and paper currently will no longer be used. regular today, in the U.S many places-especially filling stations-will not accept specie at night for security reasons. .... If you want to get a full essay, order it on our website:
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