2006-09-06 04:11:43 · 20 answers · asked by tinkerbell 4 in Business & Finance ➔ Other - Business & Finance
It's normally exchanged for your blood, sweat and tears by an employer. Banks will also exchange these for money.
In all cases though, you will almost always need to give more than you get.
2006-09-06 05:00:15 · answer #1 · answered by Fragile Rock 5 · 0⤊ 0⤋
Money was created in order to facilitate transactions where goods were not available to immediately barter. For instance, someone in city A makes wigits that he wants to trade for gadgets in city B. He does not want to travel to city B, but there is a trader from city C that goes to city B regularly, and city C is closer. If this person could trade with the trader from city C then the trader could make money taking those goods to city B. Unfortunately, the trader has nothing that the first person wants to barter for.
This is where money comes in. It stands in place of goods and services. It is future goods and services.
Money itself has taken a life of its own over the many thousands of years that it has been in use, and now we have credit, which is money that we don't have yet, which we have previously shown to be future goods and services.
This means that credit is about money that we don't have buying goods that do not exist.
In simple terms, money is an idea, and ultimately comes from the people having confidence in the institutions that print or coin it.
2006-09-06 11:19:50 · answer #2 · answered by wizard8100@sbcglobal.net 5 · 0⤊ 0⤋
Money comes from yourself.
The most common way is to trade your time and skills for the exchange of wages. Or by way of selling and buying, making a little margin along the way.
In the olden days, you would only get to barter goods, no money involves.
I hope money really drop from the sky and I don't have to workï¼ï¼ï¼ï¼
2006-09-06 11:18:33 · answer #3 · answered by Ms G 3 · 0⤊ 1⤋
technically money does grow on trees (well £5, £10,£20,£50 notes do ) because money is made from paper and paper comes from trees , however coins come from metal which is found in the ground
2006-09-06 11:18:13 · answer #4 · answered by Anonymous · 0⤊ 1⤋
The Royal Mint in Wales
2006-09-06 11:18:35 · answer #5 · answered by filmwatcher59 4 · 0⤊ 1⤋
Governments print money
2006-09-06 11:13:59 · answer #6 · answered by Robin A. 3 · 0⤊ 1⤋
my mom told me this answer. well under the us mint which is where they print the money there are safes full of gold and the government can not put out an amount of money any bigger than the safes full of gold underneath the mint.
2006-09-06 11:16:29 · answer #7 · answered by kramebeardoodlebug 2 · 0⤊ 1⤋
Greed
2006-09-06 11:17:00 · answer #8 · answered by jaybee2412 1 · 0⤊ 1⤋
The first coins used in Western Europe were around 2700BC and were created by Turks who were expanding their sea trading routes.
2006-09-06 11:17:03 · answer #9 · answered by E=MC2 3 · 1⤊ 1⤋
The bank
2006-09-06 11:13:14 · answer #10 · answered by Anonymous · 0⤊ 1⤋