Easily transferred from 1 person to another, to make the exchange of money for products easier.
Chapter 8.2: Characteristics and Functions of money

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Social Studies
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9th - 12th Grade
•
Hard
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1.
FLASHCARD QUESTION
Front
Back
Portability
2.
FLASHCARD QUESTION
Front
Money has what if it doesn't deteriorate when it is being handled?
Back
Durability
3.
FLASHCARD QUESTION
Front
What is money if it is available but only in a limited supply?
Back
Scarce
4.
FLASHCARD QUESTION
Front
Money or other substance generally accepted as payment for goods and services.
Back
Medium of exchange
5.
FLASHCARD QUESTION
Front
1 of the 3 functions of money that allows it to serve as a common denominator to measure value.
Back
Standard of value
6.
FLASHCARD QUESTION
Front
1 of 3 functions of money allowing people to preserve value for future use.
Back
Store of value
7.
FLASHCARD QUESTION
Front
This can be used in place of money.
Back
Trading or bartering
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