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Why is currency important?
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26 votes
Why is currency important?

User Ricardus
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2 Answers

23 votes
23 votes

Answer:

Money conveys the importance that people place on it; it allows trading of goods and services indirectly, communicates the price of goods, and provides a way to store wealth.

User Gabriel M
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13 votes
13 votes
Currency controls the flow of an economy, if currency is valued low then things like buying and trading goods are difficult, if it is valued high then the same things are easier and impact the economy positively.
User MarsPeople
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