Money

Top 10 – Kinds of Money

Kinds of Money-What are the Kinds of Money

Physical money can come in the form of a physical item or a symbol. The money’s face value is the same as its real value. Those are the real funds. People can use commodity money to purchase and hold value, and they can exchange the fake cash they receive for the real commodity. Individuals can […]

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Classification of Business

Classifications of Business-What is the Classification of a Business

Classification of Business can be done into two broad groups based on their main goal and operating style. Before discussing the categorization of businesses and their types, it is crucial to establish a definition of the term “business.” In this article, we will discuss the classification of business in brief with examples for your better

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Components of Money

Components of Money-What are the Components of Money

Developed countries like the U.K. and the U.S. make up a large part of their monetary base with stored money, which comprises all the demand deposits held by commercial banks. Therefore, the availability of store currency and bank credit has an even more impact on the amount of money that comes in. Commercial banks get

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