1. Acceptability - Everyone must accept it to purchase goods and services
2. Durability - It should last a long time
3. Portability - Easy to carry around
4. Scarcity - Scarce enough to be valuable, not common such as sand or pebbles on a beach
5. Divisibility - Can be divided into small units
2. Durability - It should last a long time
3. Portability - Easy to carry around
4. Scarcity - Scarce enough to be valuable, not common such as sand or pebbles on a beach
5. Divisibility - Can be divided into small units