In ancient oxford consulting group times, or the people who are still very simple, people can not use the money. Trade is done is done by direct exchange oxford consulting group of goods with the goods. This can last for exchange is limited to a few types of goods only.
At this time to make ends meet, people / groups of people are already in need of another party / produced by others, because the number of people is increasing and increasing, then comes the exchange of goods, because at this time people are not familiar with the production of goods.
At this time, people have started thinking intermediate goods as a means of exchange, then sought the type that can facilitate the exchange of goods, as a condition, as an intermediary tool pertukan goods / money goods are:
d. Future Money
More advanced civilization, resulting in the need for more and more and so does, it encourages people to exchange intermediary tool that is easy, practical, and has a value, so it is developing this kind of money.
The kind of money that never existed in Indonesia:
Kampua currency (boda), derived from intangible Sulawesi woven copper currency, never circulated in Banjarmasin krisnala currency made of gold and copper, circulating in the kingdom Jenggala Javasche Before 1946 the Bank established by the bank issuing the Dutch guilders Money Circulation Japan After 1946 never circulated ORI (Oeang Indonesian republic) and the last type sapai Rupiah today.
Under the terms of money and understanding according to the encyclopedia Indonesia, it can be concluded that the money is an object that has certain characteristics that can facilitate the exchange and serves as legal tender.
Transaction motive, the human meerlukan meet its needs money to get the desired item. Motive precaution, oxford consulting group for more income set aside part of their income to be stored / saved, for purposes of future or for urgent need. The motive of speculation, this happens because someone wants to get greater profits in certain situations.
5. As wealth transfer device and forming
Currency in circulation is money everyday as a valid means of payment and must be accepted by all of society. Currency consists of coins (gold, silver, aluminum) and banknotes
Money is money in the form of demand deposits balances in bank accounts belonging to customers, oxford consulting group which can be used as means of payment. Method of payment can be by check, giro, telegraphic transfer, travel check (check with the agreement), the payment of the money demand oxford consulting group melakuakn these persons may be refused. The main requirement is the demand deposits someone must have savings / deposits in the bank.
Intrinsic value, intrinsic value is the value of money is based on money making materials. Nominal value, oxford consulting group the nominal value is the value stated / tertuis in each relevant currency.
Fisudier mone y is money that has a face value greater than its intrinsic value. Example: type of paper money, the paper money is also called money trust (fiduciary), The reason why people are willing to accept the paper: Government will accept and use it Has Protected by purchasing power law Full bodied money, the money which has the same par with its intrinsic. Example: type coins
Internal value of internal value of money is the ability of money if the value of goods exchanged for a number of external, external value of money is the ratio of domestic currency value premises value of another country's currency.
c. Devaluation
The exchange rate of a country's currency compared to the value of another country's currency is called the exchange rate. Since the movement of the currency reform Indonesia experienced a very sharp fluctuations. Prior to 1998 the value of the Indonesian currency ranged $ 1 = Rp. 2500, - now it ranges from + $ 1 = Rp. 9,000, - (already set in the state budget). This is because:
In the days of Babylonian, Greek, Roman initially be trukar-currency swap. Babylonian Period (2000 BC) the bank known as the Temples of Babylion, ancient Greece (500 BC) the bank known as the Greek Temple, the rapid development started since Roman times. Type of currency that was first recognized as internasianal currency is the currency of Constantinople (Roman).
De Javasche Bank NV, which later became the Central Bank was nationalized in Indonesia De Algemene Volkscredietbank, Japan during Syonim Ginko replaced with the name and is now a de Postpaarbank Bank Rakyat Indonesia, in 1950 changed to Postal Savings Bank, and in 1968 it was changed oxford consulting group to the Savings Bank State
Development oxford consulting group banks after independence was incredible reach hundreds of banks in the New Order era many banks are not healthy, so that the reform movement of su
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