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money
1.
2.
BARTER SYSTEM initial
stage of exchange Goods for goods
3.
DIFFICULTIES Lack of
double coincidents of wants Luck of Division: Lack of a Common Measure of Value Lack of Store of Value
4.
EVOLUTION OF MONEY
Commodity money Metalic money Paper money Bank money / credit money
5.
CURRENCY medium of
exchange Introduced in 17th century
6.
MONEY Money is
what money does Means of payment
7.
INDIAN MONETORY SYSTEM
8.
9.
AUSTRALIA doller
10.
11.
CHINA Yuan
12.
13.
ENGLAND pound
14.
15.
CANADA dollar
16.
17.
EUROPE euro
18.
19.
JAPAN yen
20.
21.
RUSSIA ruble
22.
23.
SOUDI ARABIA riyal
24.
25.
USA doller
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