In modern society, money plays a huge role.Functions of money, that is the role that they play in a market economy can not be overstated.Science defines them only five.
In classical economic theory, money performs the function of a medium of exchange, a measure of value, means of payment, means of education treasures of world money.Each of them, we will describe in more detail below.
So money.The functions of money as a measure of value are determined by their ability to be equivalent to the value of any goods.This role finds its reflection in the price of any item or service.Thus, a certain number of bills meets the true value of the goods, the cost of its production.This quantification of all economic processes.With this function of money is linked another economic term - the scale of prices, which means a certain weight of the precious metal, established by the legislation as the monetary unit of the state.
as a medium of money appears a kind of mediator in trade in the exchange of goods, reflecting their exchange value.From the middle of the last century from circulation completely gone gold money.They were replaced by paper notes that in different countries have their own name and appearance.Typically, this paper notes and small coins of different denominations.
as means of payment as the money is used.Functions of money in this role include the ability to repay all liabilities (debt) between several actors of the economy.This feature works with the buying and selling of goods on credit, with the return of the debt, payment of salaries, taxes and so forth.To her have a relationship such securities as checks, bills, bills.
As a way of accumulating treasures money to temporarily interrupt its turnover, out of motion, to accumulate and increase their value over time.The best way is to buy a "real money" - gold, silver and platinum in the form of ingots.Also, savings are considered luxury items made of precious metals, stones, jewelry.But you can save money and paper money, preferably in a banking institution with interest.
Functions of money "world money" suggest their use for maintenance of international trade, international economic relations.Previously used for these purposes only gold, but with the transition of society on the role of paper money, the precious metal is much diminished.Today, for the money to buy and sell goods on the international market, they borrow, if necessary.
money, functions of money - it is the object of attention of scientists.Western economics is of the opinion that in today's world, money is only performed three tasks: storage means, taking into account the value and medium of exchange.A function of the "means of payment" has teamed up with the latest - "medium of exchange."However, the role of money can not be underestimated.
