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WHAT IS MONEY?

We exchange money for goods and services.In the past, people bartered (exchanged) goods of equal worth, but it's not very convenient to swap a chicken and two bags of corn for that DVD you want. That's why we use money-either cash (notes and coins), or  a virtual payment using a debit or credit.

Do You Know
 The word ''salary'' comes from the Latin word sal, meaning salt. Roman soldiers used to be paid a Salarium - an allowance to buy salt.

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