Question

heya buddies !!..


..... mind map on money and credit
(economic) class 10 ..

help me guys ....​

Answer 1

Credit money is any future monetary claim against an individual that can be used to buy goods and services. There are many forms ofcredit money, such as IOUs, bonds and moneymarket accounts. Virtually any form of financial instrument that cannot or is not meant to be repaid immediately is credit money.
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Answer 2

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