What is the level of value?
The value of the value is the term for commodity in the company in the commodity that all other commodities are measured against. For example, in the United States, gold is standard, which means that all other commodities are measured depending on how much gold it is. Cash systems are created by the name of the specified standard amounts, such as the way the US refers to a certain amount of gold to equal the dollar. Without such a concept, trading goods and commodities would be almost impossible, as different systems used by different traders and sellers would lead to an infinite number of standards that they would practically not understand. By determining the standard, each member of the company can quickly measure how many different goods are worth and decide, whether or not the means to buy such goods. In the same way, those who produce goods and commodities can decide how much they have to produce to make a profit to buy the goods they need, etc.
From the value standard is the concept of currency and money. Using the US as an example, the US Congress decided that after the establishment of gold as a standard, 23.22 gold grains would equal $ 1 USD (USD). The dollar has thus become a uniform recognized by the US currency, allowing citizens to measure all goods and commodities in terms of dollars. With this stable cash system, citizens can organize aspects of their lives, such as their work and shopping in terms of budget, because they know how much money they need to survive and prosper.
In the absence of a value standard, the chaotic situation would be practically possible to avoid. The individual producer of the goods would have its own idea of how much its product was worth, but it would not have an idea of how much other commodities would be worth it. Even if shops between two commodities were created, individuals could only compare these products in terms of each other. As soon as they moved to the shop for Jinou commodity.
The establishment of value level gives society the ability to commit unlimited transactions. The elected standard is usually determined by any commodity that is held in the highest respect in a particular company. It must also be known to all members of the company so that no one is removed from understanding the value of specific products.