Economy, asked by harshadatidke12, 1 year ago

Distinguish between commodity money and metallic money

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Answered by richa311

3

Commodity money is money whose value comes from a commodity of which it is made. Commodity money consists of objects that have value in themselves as well as value in their use as money.

The metallic money consists of gold coin and bullion, standard silver dollars, subsidiary silver and minor coins

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