Economic

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Money is an economic unit that functions as a generally recognized medium of exchange for transactional purposes in an economy. ... Money can be: market-determined, officially issued legal tender or fiat moneys, money substitutes and fiduciary media, and electronic cryptocurrencies.

value of money, then, is the quantity of goods in general that will be exchanged for one unit of money. The value of money is its purchasing power, i.e., the quantity of goods and services it can purchase.

demand for money is the desired holding of financial assets in the form of money. In othet words that is, cash or bank deposits rather than investments.

(i)The price of the good or service.

(ii)The income of buyers.

(iii)The prices of related goods or services—either complementary and purchased along with a particular item, or substitutes and bought instead of a product.

(iv)The tastes or preferences of consumers will drive demand.

Consumer goods are products bought for consumption by the average consumer. Alternatively called final goods, consumer goods are the end result of production and manufacturing and are what a consumer will see stocked on the store shelf. Clothing, food, and jewelry are all examples of consumer goods.

Fixed capital is the portion of total capital outlay of a business invested in physical assets such as factories, vehicles, and machinery that stay in the business almost permanently, or, more technically, for more than one accounting period

Social capital basically comprises the value of social relationships and networks that complement the economic capital for economic growth of an organization

Examples of social capital include when someone opens a door for someone, returns a lost item to a stranger, gives someone directions, loans something without a contract, and any other beneficial interaction between people, even if they don't know each other.

Circulating capital is also called working capital or revolving capital

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This is a great article and very informative too.Good job.Kindly subscribe back.Thanks.

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