Question

Where do the different types of money derive their value?

Answer 1

These are several things that create value for the money:
- Durability
It should be made with materials that could sustain themselves for a long period of time.
- Identifiability
Money should be easily recognized by the people who use it
- Portable
Money should be in a size and shape that are easy to be carried around by people.
- Usefulness
Money should have trading powers that people could use to obtain another goods or services.