Question

In your English class you have been talking about money. Now your English teacher has
asked you to write an essay using all the notes and giving reasons for your point of view.
Write your answer in 140-190 words in an appropriate style.
Some people think that if you are rich, you can have everything. Is this correct?
Notes:
1. Having material possessions
2. True friendship and love
3. ……………………………..(your own idea)

Ma poate ajuta si pe mine cineva cu un exemplu deoarece nu prea ma pricep.

Answer 1

Răspuns:

Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context. The main functions of money are distinguished as: a medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment.Any item or verifiable record that fulfils these functions can be considered as money.

Money is historically an emergent market phenomenon establishing a commodity money, but nearly all contemporary money systems are based on fiat money. Fiat money, like any check or note of debt, is without use value as a physical commodity.[citation needed] It derives its value by being declared by a government to be legal tender; that is, it must be accepted as a form of payment within the boundaries of the country, for "all debts, public and private".better source needed] Counterfeit money can cause good money to lose its value.Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context. The main functions of money are distinguished as: a medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment.Any item or verifiable record that fulfils these functions can be considered as money.