Whether the money is and why it is important

The existence of the money was tacitly acknowledged in the discussion of the price. Money is not  require preface. We all know very well the importance of money. Actually, many consider that money as a major part of economics (oh it's all about money). So let's review the money and see what makes a complicated subject, which caused so much debate, including the economic experts contend with each other.

You do not need to be convinced of the usefulness of money . Without money the only way to trade is by barter goods. A farmer who wants to buy a pair of shoes should bring a sack of wheat to the shoemaker. Then they will spend some time bargain rate before the farmer came home with the shoes and the cobbler is left wondering what he would do with a sack of wheat. What could a teacher who wants a pair of shoes? Offer to teach one or two hours to the cobblers children? What if the cobbler is not to have children? We need not go the way of unfavorable barter is not clear.

Form of money at first

So it is not surprising that money in some form began to emerge in the early history of societies everywhere. Money can be defined as "what is usually accepted in the exchange". Primitive societies use shells or shark teeth. The ancient Romans used cattle (which gives the word "pecuniary" in English of the word "pecus" meaning "cattle"). Virginia's first inhabitants, firing, and in Australia rum liquor. After the Second World War cigarettes became common currency in many countries are losing the war.

But the most cherished start  metal and of course the reason is obvious. If you ask yourself, what traits are most preferred money (besides the fact that many who have to enter your to bag )? I think you'll agree that the money would be small, easy to recognize, easy to carry, does not rot, it is difficult falsify, homogeneous (that is, all parts should be equal-parts that should not change its value), and can be divided into small amounts. Money should also be fairly ubiquitous, not fine a country has too little money supply.

After some time, which is considered the most suitable metal is silver and gold, and these metals should be the basis of most of the money system. Silver damaging his own world record in the nineteenth century because it is too abundant, and gold finally in the clear step by step in this century because of too little. But until 1915, gold coins are still used transaction daily in the United Kingdom, and until 1968 the U.S. dollar to a certain extent is still backed by gold.

Now post this so if there is more or less let us discuss in the comments field