- Durability: Money can last for a long time without degrading in value or usefulness
- Divisibility: Money can be divided up or used to make change
- Uniformity: Each unit of money has a specific value
- Portability: Money can be moved around easily
- Acceptability: Money must be acceptable as a unit of exchange, meaning both buyers and sellers must believe that money has value
- Limited supply: Money must be rare enough that not everyone can make their own, or the money has no value
Match the six characteristics of money with their descriptions (6 points)
Money can be moved around easily
Money can last for a long time without degrading in value or usefulness
Money can be divided up or used to make change
Each unit of money has a specific value
Money must be acceptable as a unit of exchange, meaning both buyers and sellers must believe that money has value
Money mund be rare enough that not everyone can make their own, or the money has no value
limded sugiply
acceptabstity
#divisibility
#uniformly
durability
#portability
1 answer
1 answer