WEEK 2.PADLET by Daniel Melgarejo https://padlet.com/daniel_melgarejo99/week2 Create a padlet (padlet.com) and provide individual opinions and a general conclusions. en-us 2016-08-31 18:53:07 UTC 2023-02-06 03:11:57 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Simplehouse.png WHAT IS THE VALUE OF MONEY FOR YOU? WHAT´S THE DIFFERENCE BETWEEN VALUE AND PRICE? daniel_melgarejo99 https://padlet.com/daniel_melgarejo99/week2/wish/120934364 Victor Franco- I think money is an important part of our lives, because without it our life quality could not be the correct one and we could have lack of resources we need, like food and basic needs, but I think money isn´t everything in the world, it may be important, but it mustn’t be our first and only priority.
WHAT´S THE DIFFERENCE BETWEEN VALUE AND PRICE?
I think value is the worth you give to something, for example, maybe a book or a keychain, or a wristband, maybe those things aren´t expensive but they remind you of something or you like them and you give them a special value, and price is the cost (money) of those things. But when something is valuable to you the price probably won´t matter.]]> 2016-08-31 18:55:57 UTC https://padlet.com/daniel_melgarejo99/week2/wish/120934364 WHAT IS THE VALUE OF MONEY FOR YOU? WHAT´S THE DIFFERENCE BETWEEN VALUE AND PRICE? daniel_melgarejo99 https://padlet.com/daniel_melgarejo99/week2/wish/121435851 Daniel Melgarejo - The value of money for me is something important in our lives, because the world is moved by it, yeah, we buy food, clothing and basic needs with money and the value of money is not given by the paper or ink, it's given by an special institute called bank and it is the responsible of producing money and giving it a value, obviously this price vary with circumstances like inflation, depreciation, etc. 
Price is the monetary value you pay for a given product or service, and value is what any given product or service is worth, in other words, is the estimated value you give to any product. For example, when you’re selling your car its Price is $200,000 pesos, because is the money you paid for it, but because of the use and its years you sell it for $150,000 pesos. So the first amount of money is the “price” and the second one the “value” you gave it because of personal and mechanical things.
In my opinion at the beginning of this activity it was a kind of confusing because you're used to listen that words in the same context, with this I mean, you go to a hop and you buy or sell a thing for one price or one value so you don't know what is the real diference between them but this differente, I think, It's very weel explained in the next citation.
"Price is the amount you pay. Value is what the product or service pays you. This value could be measured in financial terms, emotional terms, physical terms, or in any number of other ways."- John Jenks (2011).


bibliography:
John Jenks. (2011). Explaining the Difference between Value and Price. 02/09/16, de Apogee design Sitio web: http://apogeedesignsystems.com/explaining-the-difference-between-value-and-price/

]]> 2016-09-03 00:11:30 UTC https://padlet.com/daniel_melgarejo99/week2/wish/121435851 GENERAL CONCLUSION daniel_melgarejo99 https://padlet.com/daniel_melgarejo99/week2/wish/121436663 Speaking about the value of money, we think it's an abstract concept because it depends on a plenty of economy and social things. We know money is something important in our lives because it's a priority. Bank is the only institution that is able to give a value to money and this value depends on a lot of things like the buying and selling of products by people. Now we know the difference between value and price. Price is the cost you paid for a service or product and value is the cost you give a product you want to sell but that cost will be based on personal things like estimation, feelings and things like those.]]> 2016-09-03 00:38:42 UTC https://padlet.com/daniel_melgarejo99/week2/wish/121436663