The only and recent form of exchange is the use of money. Money is important in our day to day lives as it enables us to trade ang get the goods we want. The representation of the value of economic items such as goods, services, expenses and the rest is done with money as a unit of account. Assets are economic resources that are tangible or intangible that results to positive economic values. Money has been used or established due to those important four function. Money came about to bring some order and have an average measure of economy.
Certain types of money have emerged over the recent years and they are a number of them. The various types of money have different features that are distinct from each other. Gold and silver were used to make coins but now copper is mostly used because of its contained weight as compared to gold and silver.
Even coins face the brunt of counterfeit goods which has been a problem to many countries to eradicate. Just from the word representative it stands in for place of in which it takes several forms. The various forms in which representative money takes is paper money or physical tokens which is then exchanged to something of the same value.
Commodity money is also the other type of money in which it’s the value of the commodity being traded with another. Due to the wide use of technology in many countries, the use of digital money has evolved too.
They are in contact with their customers by using their websites to give information. Through effective communication closing of deals and sales are preceded resulting to a satisfied customer and business. Information about the products and services offered by the company is contained on these websites, including the addresses which has the name, location and telephone number. Through the websites also, it is possible for clients to leave comments about the services offered as well as the products procured. At the same time, prospective customers go through these websites before making decisions about a company.
This coin has made its official mark in the United States of America. Other countries that are still developing are influenced by the value of their dollar. Trading is the exchange of goods and services but with some monetary form which is influenced by the value of the developed currency. Due to increase or decrease in value over the years the American silver eagle has also evolved to meet the states need. Other than that the American dollar has impacted greatly on developing countries in terms of their relation with the developed countries. Developing economies are aided through foreign aid as an impact of developed economies.