Charateristics of Money Match Game

Barter

• The ability to be long-lasting to withstand wear, pressure, or damage

• Trading a good or service directly for another good or service, without using money or credit

• The ability that something can be easily carried or moves

• The situation where two parties can swap their goods in exchange for one another because they each want what the other party has

Commodity

• The ability that something can be easily carried or moved

• The ability to easily divide something of value

• The condition that exists when human wants exceed the available resources to satisfy those wants

• Something that is useful or valuable

Double Coincidence of Wants

• Trading a good or service directly for another good or service, without using money or credit

• The ability to be long-lasting, to withstand wear, pressure, or damage

• The situation where two parties can swap their goods in exchange for one another because they each want what the other party has

• The ability to be easily identified from previous experience or knowledge

Divisibility

• The ability to easily divide something of value

• The ability that something can be easily carried or moved

• Something that is useful or valuable

• The condition that exists when human wants exceed the available resources to satisfy those needs

Portability

• The ability to easily divide something of value

• The ability to be long-lasting; to withstand wear, pressure, or damage

• Something that is useful or valuable

• The ability that something can bee easily carried or moved

Durability

• Something that is useful or valuable

• The ability to be easily identified from previous experience or knowledge

• The ability to be long-lasting; to withstand wear, pressure, or damage

• Trading a good or service directly for another good or service, without using money or credit

Recognizability

• The condition that exists when human wants exceed the available resources to satisfy those wants

• Something that is useful or valuable

• The situation where two parties can swap their goods in exchange for one another because they each want what the other party has

• The ability to be easily identified from previous experience or knowledge

Scarcity

• Something that is useful or valuable

• The condition that exists when human wants exceed the available resources to satisfy those wants

• Trading a good or service directly for another good or service, without using money or credit

• The ability that something can be easily carried or moved