what money mean?写有关money 的意义,用英文.

what money mean?写有关money 的意义,用英文.
what money mean?
写有关money 的意义,用英文.

what money mean?写有关money 的意义,用英文.
Money is indeed important,but money cannot buy everything.A miser may think that “money talks,” but if you only give your attention to making money,you may lose many things,such as health,friendship and love.I don't think we should regard money as everything.Money is just a tool that can help us solve problems or enable us to live a comfortable life.What we should do is to use it appropriately and not become misers.This way,all of us can lead a happier lives.

money货币, 钱, 金钱
money:A commodity, such as gold, or an officially issued coin or paper note that is legally established as an exchangeable equivalent of all other commodities, such as goods and ser...

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money货币, 钱, 金钱
money:A commodity, such as gold, or an officially issued coin or paper note that is legally established as an exchangeable equivalent of all other commodities, such as goods and services, and is used as a measure of their comparative values on the market.
钱，货币，纸币：一种商品，如金子或官方发行的铸币或纸币，把这种货币或纸币定为可与其他一切商品、如货物和服务的等价交换物，并用作市场交换价值的尺度
Economics offers various definitions for money, though it is now commonly defined by the functions attached to any good or token that functions in trade as a medium of exchange, store of value, and unit of account. Some authors explicitly require money to be a standard of deferred payment, too [1]. In common usage, money refers more specifically to currency, particularly the many circulating currencies with legal tender status conferred by a national state; deposit accounts denominated in such currencies are also considered part of the money supply, although these characteristics are historically comparatively recent. Money may also serve as a means of rationing access to scarce resources and as a quantitative measure that provides a common standard for the comparison and valuation of quality as well as quantity, such as in the valuation of real estate or artistic works.
The use of money provides an alternative to barter, which is considered in a modern, complex economy to be inefficient because it requires a coincidence of wants between traders, and an agreement that these needs are of equal value, before a transaction can occur. The efficiency gains through the use of money are thought to encourage trade and the division of labour, in turn increasing productivity and wealth.
Like language, money is a social organization and civilizing force that provides a means and incentive for human beings to relate to one another economically by exchanging goods and services for mutual benefit. The capacity to convert perishable commodities and non-storable human labor into money provides a powerful incentive for people to produce more than they need for present personal consumption and to convert the surplus value into money so that it can be stored to meet future needs. Thus, the invention of money has stimulated the development of society by fostering hard work, higher productivity and continuous innovation. In addition to its economic functions and capacities, money has acquired other secondary social and psychological powers that may be exercises either by the expenditure of money or by its mere possession: these include the power to enhance popularity, status and prestige, the capacity to enhance the sense of self-worth, and the power to attain or influence political power.
A number of commodity money systems were amongst the earliest forms of money to emerge. For example
the shekel referred to a specific volume of barley in ancient Babylon
iron sticks were used in Argos, before Pheidon's reforms.
cowries were used as a money in ancient China and throughout the South Pacific.
salt was used as a currency in pre-coinage societies in Europe.
ox-shaped ingots of copper seem to have functioned as a currency in the Bronze Age eastern Mediterranean.
state certified weights of gold and silver have functioned as currency since the reign of Croesus of Lydia, if not before.
rum-currency operated in the early European settlement of Sydney cove in Australia.
cash crops such as tobacco, rice, wheat, indigo, and maize were used as money in colonial Virginia.
Under a commodity money system, the objects used as money have intrinsic value, i.e., they have value beyond their use as money. For example, gold coins retain value because of gold's useful physical properties besides its value due to monetary usage, whereas paper notes are only worth as much as the monetary value assigned to them. Other forms of commodity money included the use of Commodity money is usually adopted to simplify transactions in a barter economy, and so it functions first as a medium of exchange. It quickly begins functioning as a store of value[citation needed], since holders of perishable goods can easily convert them into durable money.
The bulkiness and limited transportability of some forms of commodity money led to the invention of symbolic substitutes for commodity money. Goldsmiths' receipts became an accepted money-substitute for gold in 17th Century England. The wealthy deposited their gold with the goldsmiths of London for safekeeping and were issued and transferable receipts for a certain value of gold which quickly gained acceptance as a form of currency backed by gold. But it was not long before the goldsmiths discovered that they could also issue identical receipts to clients who applied to them for loans. These additional receipts were not backed by additional stores of gold, but they were indistinguishable from the other receipts and readily accepted by the public as equivalent. Through most of the 19th Century commercial banks in Europe and North America issued their own banknotes based on the same principle of partial backing.
Many people are under the misimpression that the US dollar and other national currencies were fully convertible into gold prior to abolition of the gold standard in the early 1970s. But through most of the 19th century, gold or silver backing for national currencies was never more than partial and only intended to facilitate international transactions.
From there is was only one further step to create true Fiat money, currency that has negligible inherent value and is not backed by any commodity. A central authority (government) creates a new money object by issuing paper currency or creating new bank deposits. The widespread acceptance of fiat money is most frequently enhanced by the central authority mandating the money's acceptance as legal tender under penalty of law and demanding this money in payment of taxes or tribute. By the early 1970s almost all countries had abandoned the gold standard and converted their national currencies to pure fiat money.
The value of money depends on what it can purchase, not what it is made of. This is illustrated by the fact that when huge quantities of gold and silver were discovered in the New World and brought back to Europe for conversion into coin, the purchasing power of those coins fell by 60% to 80% because the supply of goods for sale did not keep pace with the increased supply of money. The ultimate backing for money is the productive capacity of society.

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