define money and its evolution
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- Briefly, evolution of money was mainly through commodity money, metallic money, paper money and bank money. ADVERTISEMENTS: ... Human beings passed through a stage when money was not in use and goods were exchanged directly for one another. Such exchange of goods for goods was called Barter Exchange.
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Briefly, evolution of money was mainly through commodity money, metallic money, paper money and bank money. ADVERTISEMENTS: ... Human beings passed through a stage when money was not in use and goods were exchanged directly for one another. Such exchange of goods for goods was called Barter Exchange
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