The characteristics of money are durability, portability, divisibility, uniformity, limited supply, and acceptability. Let’s compare two examples of possible forms of money: A cow. Cattle have been used as money at different points in history.
How is money characterized in a raisin in the sun?
For several of Hansberry’s characters, money is a promise of salvation, a gift to be stored up and fought for whenever possible. But as the story unfolds, the Younger family must repeatedly weigh their wish for material wealth against their wish for freedom.
What are the 4 characteristic of money?
in fact, a variety of items have been used as money over the centuries. The items that worked the best tended to have four basic characteristics: portability, divisibility, durability, and acceptability.
How do you describe money?
Money is a commodity accepted by general consent as a medium of economic exchange. It is the medium in which prices and values are expressed. It circulates from person to person and country to country, facilitating trade, and it is the principal measure of wealth.
What are the three basic characteristics of money?
The following are the key characteristics of money:
- Durability.
- Portability.
- Divisibility.
- Uniformity and Fungibility.
- Limited supply.
- Acceptability.
What does Walter mean when he says money is life?
Walter responds that “[m]oney is life,” explaining to her that success is now defined by how much money one has. This conversation takes place early in the play and reveals Mama’s and Walter’s economic struggles. These lines demonstrate the ideological differences between their generations.
Which character values money the most in A Raisin in the Sun?
A Raisin in the Sun Dignity is the most important thing to Walter Lee in A Raisin in the Sun, by Lorraine Hansberry. While in the beginning, Walter states that “Life is money,” by the end, he seems to value his dignity more. Throughout the play, he wants, more than anything, to be an owner of a liquor store.
What are the 8 characteristics of money?
Top 8 Qualities of an Ideal Money Material
- General Acceptability:
- Portability:
- Indestructibility or Durability:
- Homogeneity:
- Divisibility:
- Malleability:
- Cognizability:
- Stability of Value:
What is the most important characteristic of money?
Stability. Of all the qualities of good money, stability is probably the most essential one. The value of money cannot change for a long period of time and hence remain stable. If the value of money keeps changing, then it will fail to function as a measure of value and as a standard of deferred payment.
Which is not a characteristic of money?
The correct answer is Option C) The supply of Money remains fixed. Good Money has many characteristics like Stability, homogeneity, profitability, divisibility, durability, etc. The supply of Money is not included in the characteristics of Money.
What is the full meaning of money?
1 : an accepted or authorized medium of exchange especially : coinage or negotiable paper issued as legal tender by a government. 2a : assets or compensation in the form of or readily convertible into cash.
What is classification of money?
Different stages of money are Commodity Money, Metallic Money, Paper Money, Credit Money, and Plastic Money.
How do you describe a lot of money?
Some common synonyms of rich are affluent, opulent, and wealthy. While all these words mean “having goods, property, and money in abundance,” rich implies having more than enough to gratify normal needs or desires.
What are the 5 main functions of money?
Top 6 Functions of Money –Discussed
- Function # 1. A Medium of Exchange:
- Function # 2. A Measure of Value:
- Function # 3. A Store of Value (Purchasing Power):
- Function # 4. The Basis of Credit:
- Function # 5. A Unit of Account:
- Function # 6. A Standard of Postponed Payment:
What are the five characteristics of useful money quizlet?
- Durability.
- Portability.
- Divisibility.
- Uniformity.
- Limited Supply.
- Acceptability.
How did Walter lose the money?
How does Walter lose the insurance money? Walter loses the insurance money to Willy, a crook that he mistakes for a friend. Mama entrusts Walter with all the money that remains after the down payment on the new house.
How does Mama feel about money in a raisin in the sun?
How does Mama feel about money? Mama values money, knowing that it is very difficult to come across. Therefore she wishes that whatever she spends with that money must be worth it.
Why does Walter get upset when they are talking about the money?
Walter is upset that his mother is using their money to send Beneatha to college while he isn’t allowed to pursue his own dreams.
What does Mama give Walter the money symbolize?
She gives him the remaining $6,500 of the insurance money, telling him to deposit $3,000 for Beneatha’s education and to keep the last $3,500. With this money, Mama says, Walter should become—and should act like he has become—the head of the family. Walter suddenly becomes more confident and energized.
How is Beneatha affected by money?
Through the play Beneatha is also affected by money because she is depending on it for her schooling and it influences her thoughts and actions. Beneatha acts like she has Mama’s best interest in mind when she tells Walter that Mama can do whatever she wants with the insurance money.
How does the loss of the money affect Walter Beneatha Mama?
With the loss of the money, Mama loses both her dream and her sense of pride, stating that she simply “aimed too high.” Mama references the people who found her too “high-minded,” recalling Mrs. Johnson assimilationist perspective.