1. EVOLUTION
OF MONEY

2. 1. BARTER SYSTEM
2. COMMODITY
MONEY
3. PRECIOUS METALS
4. PAPER CURRENCY

3. FORMS OF
MONEY

4. 1. COMMODITY
MONEY
2. PAPER CURRENCY
3. FIAT MONEY
4. TOKEN MONEY
5. PLASTIC MONEY

5. FUNCTIONS OF
MONEY

6. 1. MEDIUM OF EXCHANGE
2. RESERVE VALUE
3. STANDARD OF VALUE
4. STANDARD OF
DEFERRED PAYMENTS

7. CHARACTERIS
TICS OF
MONEY

8. 1. DURABILITY
2. EASY TO RECOGNIZE
3. ACCEPTABILITY - Legal tender is a
medium of payment allowed by
law or recognized by a legal
system to be valid for meeting
a financial obligation.
4. STABILITY
5. DIVISIBILITY
6. PORTABILITY
7. UNIFORMITY
8. FLEXIBILITY