The capital market and money
Welcome to a teacher, today we are going to talk about capital market and money.
The money it is the element of change, which has no value in itself. In the beginning, when the first coins, the value of the currency was the value of the weight of the product from which it was made, normally they were precious metals such as gold or silver.
Therefore, the money did have the value of the material from which it was made. But today this is not the case. Coins or bills They are not used according to the value of the material from which they are made, but the exchange value.
This means that the price of producing a banknote or producing a coin has nothing to do with the exchange value that this coin will have.
The market Therefore, it is based on trust when making payments, that is, money is an element of change that we use to buy and sell.
If you have any questions or comments about it capital market and money, you can do it through our website. And if you want to practice more, you will find below this video some printable exercises with solutions for you to do.