Honest Money

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Title: Honest Money

Essay Details:

Subject: Book Reports

Author: Corey L

Date: January 11, 2016

Level: University

Grade: A

Length: 3 / 808

Essay text:

Money is a commodity. For money allows us to establish prices for most goods and services available. Money exists because man realized that some things are more wanted and sought after than others. People sell things for money to increase their income and enrich their futures. They exchange things of equal price, but the values differ in the minds of those involved. For money must have five essential characteristics: (1) divisibility, (2) portability, (3) durability, (4) recognizability, and (5) scarcity. The origin of money is something that is quite surprising. It was not the government that established money, but the people...

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