India and Indian economy are growing faster than America, Canada, Japan and European union and viz a viz to China. A comparative study of world economy with India.
Different economists have given different definitions of money. Let us see what are the definitions given by some of the well known economists. "In order for anything to be classed as money, it must be accepted fairly...
What are the functions of money. Functions of Money. The functions of money are to serve as: Unit of value, Medium of exchange, Standard of deferred payments and Store of value.
Money is certainly not one of the basic needs that sustain life, but is the only effective means of quantifying the value of basic needs such as food, clothing and shelter
Five yen (pronounced “en”) may not seem like a fortune, however it is considered a lucky charm in Japan. Roughly equivalent to one US nickel, the coins are composed of zinc and copper creating a dazzling gold hue....
Revealing fact from fiction with the truth about the United States' Two Dollar Bill.
Currency undervaluation has been nicknamed a “beggar-thy-neighbor” policy, while currency overvaluation has been called a “beggar-thyself” policy.
This hub is very briefly explained the topic "Money; Types and Forms and its Functions"
This article takes a look at how the world was like before money came into existence and the problems people faced trading without money.
Money in its inception served primarily four functions; they were as follows: 1. Medium of exchange. Money is used as a kind of in-between (middle ground) to facilitate the exchange of goods and services. In essence,...