Money - a specific form of goods, thanks to which it is possible to determine the equivalent cost of a product or service.If you trace the history of their origin, it becomes apparent that the kinds of money have been and are completely different.Currently, the currency is not so much trade as "personal liability" form, which has the shape of the bill.As a result, money is called upon to perform certain functions that characterize their essence.First of all, it is a way of accumulation, treatment, payment and certain criterion value.
In order to fully introduce modern financial system, which was formed and developed historically, it is necessary to consider the basic types of money and their features.So, first of all, we should recall the commodity money.They note that they appear as the first type of exchange equivalent.Their views differed at certain times and in certain nations.So, as commodity money once were seashells, salt, tea, fish, ivory, skins of animals, some conventional valuables (for example, a spear).When a civilization has reached a higher level of development in this role began performing gold and silver coins.
All kinds of money is characterized by a particular era.However, each of them had to meet the same requirements:
1. Possession relatively constant and high value.
2. The high prevalence.
As economic activity expands, commodity money could not fully meet the economic needs of the market.Therefore, there are metal.The man has mastered certain crafts, because the role of currency began to speak, lead, tin, iron, copper, and finally, silver and gold coins.The first of these date back to the 7th century BC.
These kinds of money there, because people needed a currency, which is easy to use, safe, and convenient transportation, as well as a low degree of damage.
following form which appeared in everyday life - is a symbolic currency.This modern banknotes, whose production is entirely the responsibility of the banks.These funds have a certain value, which is determined by their quality, namely, the degree of implementation of their functions and the level of recognition of their participants in the payment process.The level of their value is also determined by how the government allows their use as a legitimate means for the payment of taxes and payments throughout the country.
Overall, the paper money - a sign that entirely replaced the full currency.They are the equivalent of unstable because totally dependent on inflation.Very often, the paper money devalued, because the reduced purchasing power of the population.
Newest views are lending money, the occurrence of which became necessary due to the development of credit relations.To date, this type of exchange is the most popular method of calculation.Credit money define property rights vested in individuals or legal entities.
most striking example of this kind of exchange is the system WebMoney, which is so ingrained in our lives that it's hard to find someone who'd never heard of it or used it.
There are some kinds of money as cash and non-cash.And the first to include not only the bills and some credit, for example, a bill of exchange, check and bill.With regard to the non-cash, then it is referred to the record in the credit account, in particular, plastic cards, credit cards and electronic money.
