As we know that
all the transactions were made in ancient times were in the form of a thing.
Like if I want rice & you want utensils then I will give you utensils &
in return I will get rice but what if I
don’t have the thing which you want or if you don’t have the thing or
commodity which I want then how needs or
services will be going to fulfilled .
Hence to avoid all things problem money is introduced which represent the same
value of the thing / commodity or services.
So if I don’t
have anything but I have the money then I can buy the thing which I want & I can offer my
services in market to get money which will be inter-mediator of all needs.
Money provides the single & regulated market to society & business
world. Money has its long journey since it introduced. Initially there were
leather made coins, then aluminium & sliver were in form. Later there were
Currency note printed which are signed by RBI governor & hold the value of printed digit like 10
or 500 .