Social Sciences, asked by sanvi62535, 9 months ago

1)what is the difference between metallic money and commodity money?(3 marks)

Answers

Answered by nadeemkuwait869

Explanation:

Any commodity chosen to serve as money is called commodity money. Precious metals or any other metal having high intrinsic value used as money are called metallic money. It was developed in the initial stages of evolution of money. ... Commodity money is less durable.

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