An assignment about money as a cridit. and the following question should be answered, list some of the commodities which were used as money in the ancient times. what does bank money or credit include, define barter system.state two difficulties of barter system, explain the function of money, who is given the sole monopoly of issuing currency in india?

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Answers

2016-02-11T19:04:01+05:30
Examples of commodities that have been used as mediums of exchange include goldsilvercoppersaltpeppercornstea, large stones (such as Rai stones), decorated beltsshellsalcoholcigarettescannabiscandycocoa beanscowries and barley. These items were sometimes used in a metric of perceived value in conjunction to one another, in various commodity valuation or price system economies.
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