Coins stay in circulation because they are used a lot, and people keep using them. When you give someone a coin, it goes to another person who uses it again, like passing around a toy. Coins are strong too, so they don’t break easily. That means they can go from one place to another for many years before finally getting worn out or lost.
Examples
- Coins travel from one country to another in people's pockets when they go on vacation.
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See also
- Why Do We Have Different Kinds of Taxes?
- Why Do Prices Change So Much?
- Why Do We Use Money Instead of Bartering?
- Why Do Prices Go Up So Much When There's a Shortage?
- Why Do We Have Different Kinds of Coins?
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Categories: Economics · Money,Currency,Coinage,Economic Cycles