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Can you name some item that is a store of value, but does not serve the other functions of money?

Short Answer

Expert verified

Multiple physical things that individual purchases at one period but trade at another time can operate as a solution to this query.

Step by step solution

01

Concept Introduction

A store of value is any ware or resource that would typically hold buying power into the future and is the capacity of the resource that can be saved, recovered, and traded sometime in the future, and be typically helpful when recovered.

02

Explanation

Capital is a fluid resource used in the pay of exchanges. It works laid out on the overall endorsement of its worth inside a legislative economy and universally using outsider trade. The current meaning of monetary cash isn't gotten from the materials used to build the note or coin. Therefore, Real Estate once possessed is a mart of significance but not money, due to existing favorably illiquid.

03

Final Answer

Real Estate once possessed is a mart of significance but not money, due to existing favorably illiquid.

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