Question

forms of currency have undergone several changes since early times? elucidate

Answer 1

Beofre v uses grains and cattles as money than v Uses gold silver and many other metals as a coin for exchange of goods now v have paper notes amd coins for the exxhmahe of money

Answer 2

• Earlier before the introduction of money goods were exchanged against goods known as barter system, which needed double coincidence of wants.
• Grains and cattle was also used for buying commodities.
• After that coins were introduced removing the need of double coincidence of wants.
• After that currency notes were issued by the government as a medium of exchange which is accepted all over the country.