Money must be rare enough that not everyone can make their own, or the money has no value.

b. limited supply
e. acceptability
f. uniformity

b. limited supply

Did you know?

Did you know that for money to have value, it must meet a few important criteria? One of these criteria is limited supply, meaning that money must be scarce enough that not everyone can simply create or produce it. This scarcity contributes to the perception of value and helps maintain the integrity of the currency. Additionally, acceptability is crucial for money to be effective. It must be widely accepted by individuals and businesses as a form of payment for goods and services. Lastly, uniformity is another key factor. Money should be standardized in terms of its design, size, and quality, ensuring that every unit of currency is easily recognizable and interchangeable. Remember, these characteristics play a vital role in the functionality and value of our monetary system.