Money is an intermediary commodity, devised to ease
trade. A central concept in
economics, money standardizes price
?s to be expressed in monetary units. Money may be any commodity that is generally agreed upon, historical examples include pig
?s, rare seashell
?s, wight units of
gold or
silver, metal coin
?s and
paper bill
?s.
Banking? depends heavily on previous development of money.
A currency is a type of money which may be traded for other types of money. The value of a currency is generally regulated either by trade on an open market, or by a central bank.
see also [gold standard]?
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