are intangible activities that provide benefit (education, medical care, repairs). Money and Its Functions
It allows us to compare the "worth" of different items (e.g., this phone costs 50,000 rubles). this phone costs 50
Money acts as a , meaning it can be exchanged for any other good or service. In Kravchenko's curriculum, money performs five primary functions: 000 rubles). Money acts as a
A is any product of labor produced specifically for sale or exchange. Unlike a simple "thing" you make for yourself, a good must enter the market. Key Properties: Value in Use: It must satisfy a human need or want. this phone costs 50
It acts as a go-between. Instead of trading a cow for wheat (barter), you sell the cow for money and buy wheat.