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12/6/20

[Answer] What gives commodity money its value?

Answer: the type of material with which it is made




Most relevant text from all around the web:


What gives commodity money its value? Advantages of Commodity Money - scribd.com What Gives Cryptocurrency its Value What Gives Cryptocurrency its Value - Best Coin Strategy Commodity money - Wikipedia the free encyclopedia MONEY . 10 terms. iqra_malik3. Economic Policy. Commodity money is money whose value comes from a commodity of which it is made . Commodity money consists of objects having value or use in themselves (intrinsic value ) as well as their value in buying goods. This is in contrast to representative money which has little or no intrinsic value but ... Commodity money is money whose value comes from a commodity of which it is made . Commodity money consists of objects having value or use in themselves (intrinsic value) as well as their value in buying goods. This is in contrast to representative money which has little or no intrinsic value but represents something of value and fiat money which has value only because it has been established … Commodity mone...


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