Question

Discuss the evolution of money as a medium of exchange​

Answer 1

Answer:

Need to facilitate exchange of goods led to evolution of money. Briefly, evolution of money was mainly through commodity money, metallic money, paper money and bank money. ... Money is the most important invention of modern times. It has undergone a long process of historical evolution.

Explanation:

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Answer 2

Answer:

Hi

Explanation:

Need to facilitate exchange of goods led to evolution of money.

Briefly, evolution of money was mainly through commodity money, metalic money,paper money and bank money.

Money is the most important invention of modern times.It has undergone a long process of historical evolution.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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