What is the difference and connection between commodities, general equivalents, and currencies?

Updated on Financial 2024-04-02
10 answers
  1. Anonymous users2024-02-07

    Contact: 1. General equivalents.

    It is the medium of commodity exchange and plays the role of money. But it is not yet a currency, and it develops into a currency only if the function of the general equivalent is stabilized on the body.

    2. Generally, equivalents and currencies are commodities separated from commodities, and they can be directly exchanged with all other commodities to express the value of other commodities.

    3. Commodities can be traded through general equivalents and currencies.

    Differences: 1. Commodities are labor products that meet people's needs and are used for exchange.

    Money is a generally accepted item used to pay for goods and services and to settle debts; Items that act as a medium of exchange, value, storage, ** standard and deferred payment standard.

    The general equivalent is separated from the world of commodities as the value of all other commodities.

    The uniform performance of special goods. It is the product of the development of commodity production and commodity exchange to a certain stage.

    2. The generation time is different, and the general equivalents are produced after the first great division of labor in society; Money arose after the second great division of labor in society.

    3. The scope of epitaxy is different, and the general equivalent is epitaxy; Wider and wider; The scope of monetary extension is narrow, specifically referring to gold and silver.

    4. The stability is different, and the general equivalents are not fixed in time, region, and material texture; Money is fixed on these three fronts.

    5. The essential difference, the essence of commodities is value, the essence of money is the contract between the owner and the market on the right of exchange, and the general equivalent is the commodity that expresses the value of all commodities.

    The official website shall prevail.

  2. Anonymous users2024-02-06

    Difference 1: The concept is different.

    Commodity: It is the product of the development of the productive forces of human society to a certain historical stage, and it is the product of labor used for exchange.

    General equivalent: It is a special commodity that is separated from the commodity world as a unified expression of the value of all other commodities, and is a class of commodities. It is a special commodity that is separated from the world of commodities as a unified expression of the value of all other commodities.

    It is the product of the development of commodity production and commodity exchange to a certain stage.

    Money: It is the medium of purchasing goods and preserving wealth, and it is actually the contract between the owner of the property and the market on the right of exchange, which is basically an agreement between the owner. The essence of money is a general equivalent, and a general equivalent is a commodity.

    Difference 2: The scope is different.

    1. Commodity: is a general concept that includes general equivalents and currencies, but is not equal.

    2. General equivalent: It is a special commodity, a class of commodities, with a wide extension and a wide range.

    3. Currency: It is a general equivalent, a category of general equivalents, and a category of commodities, with a narrow scope of extension, especially gold and silver.

    Difference 3: The generation time is different.

    1. Commodity: The time of generation is unknown.

    2. General equivalents: produced after the first great division of labor in society.

    3. Money: Produced after the second great division of labor in society.

    Difference 4: time, region, and texture of materials.

    1. Commodities: They are not fixed in time, region, and material texture.

    2. General equivalents: they are not fixed in time, region, and material texture.

    3. Currency: It is fixed in these three aspects.

  3. Anonymous users2024-02-05

    Money, by its very nature, is a contract between owners about the right of exchange, and the different forms of money are unified in nature. In the past, due to people's lack of understanding of the nature of money, it was wrong to classify money into different types from different perspectives.

    For example, according to the value of the commodity in the currency.

    Currencies can be divided into debt money and non-debt money. According to whether the exchange ratio is consistent, *** can be divided into convertible currency and non-convertible currency. Formally, money can be divided into physical money and money formed according to the commodity value of money.

    Physical money itself is a special commodity, including value, such as sheep, ***, etc. Money itself has no value, its value is agreed by the contract, only the contract value. They come in different forms, but they are unified in nature, i.e. they are all recognized as medium of exchange and both have contractual value.

    Marx. said: "Money is not gold and silver in nature, but gold and silver are money in nature".

    According to Marx, money is a special commodity, a general equivalent. We accept ** as wine because ** has value in itself. Money is just a special commodity, a commodity that everyone accepts.

    It can be a shell, a salt, a cigarette in prison, almost anything, but **portable, scarce, easy to store, and more coarsely fulfilled the function of money, "naturally becoming money". In the Bretton Woods era, people accepted the U.S. dollar because they could exchange it for dollars, and the value of the dollar represented the value of the dollar.

    Each country uses a single currency, which is issued and controlled by ** banks. However, there are exceptions, where multiple countries can use the same currency, such as the euro in the European Union.

    Francs of the Economic Community of West African States.

    and, in the 19th century, the equivalent of currencies of different names that circulated freely within the Latin Monetary Union. A country can choose the currency of another country as legal tender. For example, Panama.

    Choose USD as your fiat currency. Currencies of different countries may also have the same name. For example, in France and Belgium.

    Before the adoption of the euro, their currency and the currency of Switzerland were known as the franc.

  4. Anonymous users2024-02-04

    The essence of money is a shouting Chang-like equivalent, and the reason why it is said to be a general equivalent is because it can express the value of all other commodities, and can also act as a commodity exchange medium, that is, Zheng Xiang can exchange it for any commodity in a certain quantity.

  5. Anonymous users2024-02-03

    The essence of money is that it is a general equivalent, because money is the value measure of commodities and the means of asset circulation.

  6. Anonymous users2024-02-02

    The essence of money is to measure the importance of goods, and when goods are generally measured, they are measured according to the currency, so as to see if they are worth so much money.

  7. Anonymous users2024-02-01

    Money is a general equivalent, money is essentially a commodity, has storage value and exchange value, can be used as a general equivalent, is a medium in commodity exchange.

    It should be noted that money is a special commodity, so paper money is not money, but only a mandatory value symbol, but although paper money is not currency, it can perform the function of several fierce money.

    Monetary function: 1. Value scale: It refers to the value of other commodities measured by its own value. Currency performs the function of value scale, and does not need real money, but only conceptual money.

    2. Means of circulation: refers to the medium of commodity exchange used by money. Currency acts as a means of circulation, and it must be a realistic currency, but it does not have to be a full currency.

    3. Means of payment: refers to the function performed by money used to pay off debts in the case of purchase and sale on credit. This is the case of the separation of money and goods.

    4. Storage means: It refers to the withdrawal of money from the field of circulation and the storage of money as a general representative of social wealth.

    5. World currency: refers to the role of money in the world market as a means of purchase, means of payment and a representative of social wealth. The function of currency to perform world currency is developed with the development of commodity exchange and other activities between countries, and it is actually the extension and application of monetary functions across national borders in the world.

  8. Anonymous users2024-01-31

    (1) Money is the product of the development of commodity exchange to a certain stage.

    2) General. Meaning of equivalent. General equivalents are commodities that are separated from commodities and can be directly exchanged with all other commodities and express the value of all other commodities. Note: Two "everythings" constitute "general".

    3) The meaning and nature of money. Money is a commodity that is separated from commodities and acts as a general equivalent fixedly, and the essence of money is a general equivalent. Note: The advent of money is only marked after the commodity that acts as a general equivalent has been "fixed".

    4) The relationship between money and other general equivalents. Money and other general equivalents are commodities, which are essentially identical, and can be directly exchanged with all other commodities and express the value of other commodities. However, money is different from other general equivalents, which is manifested in the following aspects.

    First, the time of generation is different, and other general equivalents appear earlier than currencies. second, the characteristics are different, such as the value of money is relatively large, and a larger amount of exchange can be carried out with fewer items; It is easy to divide, and after the split, it will not reduce the value, but also bring convenience to the exchange; Easy to preserve, will not change in value due to the length of storage time; It is portable for trading on a larger scale. Other general equivalents have some of the above characteristics to varying degrees, but they also have many shortcomings.

    Third, money is fixedly acting as a general equivalent, and other general equivalents are not fixedly acting as general equivalents.

  9. Anonymous users2024-01-30

    1. Essential differences: Money is essentially a contract between the owner and the market about the right of exchange, and it is basically an agreement between the owners of each other. A general equivalent is a commodity that is separated from a commodity and serves as a uniform value expression material for all other commodities.

    2. The difference between value fixation: currency fixation acts as a general equivalent, and other general equivalents are not.

  10. Anonymous users2024-01-29

    The differences between monetary commodities are as follows.

    Commodities appear first, currencies come last. Money is a commodity that acts as a general equivalent, the essence of money is a general equivalent, money has five functions, and general commodities do not have this characteristic; Money is a tool used as a medium of exchange, storage value and unit of account, and is a special commodity that acts as an equivalent in the exchange of goods and services, and commodity refers to tangible movable property, including electricity, heat, and gas. Money commodities are fundamentally different in that commodities are products of labor used for exchange. A general equivalent is a commodity that is separated from a commodity and can be exchanged with all other commodities and express the value of other commodities.

    Money is a commodity that acts as a general equivalent in a fixed manner. The essence of money is a general equivalent. The connections between monetary commodities are as follows.

    The connection is: both are commodities and have value, and money can measure the value of commodities, is the medium of exchange of commodities, and in essence reflects the social relations between people; The connection between monetary commodities, the two affect each other, when the value of the merchant is increased, and the value of the currency remains unchanged, the commodity will increase.

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