English

Define Money. - Economic Applications

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Question

Define Money.

Definition

Solution

According to Crowther, “Anything that is generally acceptable as a means of exchange and at the same time acts as a measure and store of value”, is defined as money.

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Chapter 7: Meaning and Functions of Money - QUESTIONS [Page 184]

APPEARS IN

Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 7 Meaning and Functions of Money
QUESTIONS | Q 7. i | Page 184
Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 7 Meaning and Functions of Money
QUESTIONS | Q 2. (a) | Page 184
Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 7 Meaning and Functions of Money
QUESTIONS | Q 3. 1 | Page 184
Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 7 Meaning and Functions of Money
QUESTIONS | Q 5. i | Page 184
Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 7 Meaning and Functions of Money
QUESTIONS | Q 6. i | Page 184
Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 7 Meaning and Functions of Money
QUESTIONS | Q 8. 1 | Page 185
Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 7 Meaning and Functions of Money
QUESTIONS | Q 9. 1 | Page 185
Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 7 Meaning and Functions of Money
QUESTIONS | Q 10. 1 | Page 185
Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 7 Meaning and Functions of Money
QUESTION BANK | Q 4. | Page 185
Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 7 Meaning and Functions of Money
QUESTION BANK | Q 16. i | Page 186
Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 6 Meaning and Functions of Money
Exercise | Q 8. (i) | Page 133
Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 6 Meaning and Functions of Money
QUESTION BANK | Q 4. | Page 133
Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 6 Meaning and Functions of Money
QUESTION BANK | Q 16. (i) | Page 134
Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 6 Meaning and Functions of Money
Exercise | Q 4. (a) (1) | Page 132
Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 6 Meaning and Functions of Money
Exercise | Q 3. (a) | Page 132
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