Money demand is a category of commodity economy, which originated from commodity exchange and developed with the development of commodity economy and credit.
Under the conditions of product economy and semi-monetized economy, the intensity of money demand (the degree to which money plays its own function, the degree to which the relationship between money and economy plays a role in the economic society, and the degree to which the public demands to hold money) is low; Under the condition of developed commodity economy, the intensity of money demand is high.
Extended data:
Money is a special commodity that acts as a universal equivalent. In the Spring and Autumn Period, gold has already appeared as a currency, such as Zi Gong's "A Family's Daughter" and Yue Yi Fan Li's "Three Times in Nineteen Years", all of which show that gold has appeared as a measure of wealth and a universal equivalent. In addition, copper coins appeared in the Spring and Autumn Period.
Although gold and copper coins have appeared in the Spring and Autumn Period, it seems that they have not been widely used in real life.
Mr. Li Jiannong counted the records in Zuo Zhuan: "Twenty-nine people were given gifts, received gifts, engaged, or decorated with utensils, chariots and horses, jade, silk and brocade, or clothes. One of them was born with gold, and none of them was decorated with money knives"; It is said that/kloc-0.4 people who rob and steal, or wheat, rice, millet, wood or jade, or practical weapons, or horses, or bells, and those who rob money, don't say that money is a money knife. "
Therefore, the use of money in the Spring and Autumn Period cannot be overestimated.
During the Warring States period, currency was widely used due to the development of commodity economy, but it was in the period of combining metal currency, precious metal currency and physical currency. By the Warring States period, except for gold, copper coins were the common currency of all countries.