Money. Credit. Banks. The role of money in a commodity economy (lecture notes)

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Money. Credit. Banks. The role of money in a commodity economy (lecture notes)

Lecture notes, cheat sheets

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The role of money in a commodity economy

It is necessary to determine the role of money in society and in a market economy. The role of money follows from their functions. Role: intermediary in the exchange of goods; lead to the emergence of capitalist relations, hired labor (tax collection); allow to take into account the result of economic activity; thanks to money, there is an accumulation and redistribution of the results of economic activity (+ redistribution of budgetary funds, various funds); money-credit policy. The role leads to an understanding of how people use money. The role of money in society: aesthetic (with the accumulation of treasures - the market for gold, jewelry); for advertising (state revenues from the sale of commemorative and commemorative coins). Money allows you to compare everything that circulates on the market.

Author: Shevchuk D.A.

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