What is Money?
Money is any object or record that is generally accepted as payment for goods and services and repayment of debts in a given country or socio-economic context.
The main purposes of money are
- to exchange good or services;
- unit of account;
- a store of value;
Money (03:44)
Tim and Moby travel back in time to find the origin of money and how we got from trading cows to paper and coins in this animated movie!
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