Distinguish between commodity money and metallic money.
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Commodity Money:
Commodity money refers to the system of trade in which commodities are used to buy commodities.
In such type of trade, if a wheat trader buys fish from the fish seller, he pays the fish seller with wheat grains.
Metallic Money:
On the other trading with the coins manufactured from the metal such as gold, silver, copper or nickel is called metallic money.
Initially, metal ornaments were used which created the problem of measuring the weight and value.
As a replacement to this problem coins standard value and the weight came into existence.
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