List and describe the main functions of money.

The following main functions of money will be highlighted:

1) money serves as a measure of value – it determines how much a given product or service costs;

2) act as a means of circulation – with their help, the purchase and sale of property is carried out;

3) world money is expressed in gold bullion, international currency and credit;

4) money can be a means of payment – when a product is purchased;

5) money can be a means of accumulating treasures and savings (if for some reason they were withdrawn from circulation).