Question

How does evolution of money is related to historical development??

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Answer 1

Answer:

Economic planning, the process by which key economic decisions are made or influenced by central governments.It contrasts with the laissez-faire approach that, in its purest form, eschews any attempt to guide the economy, relying instead on market forces to determine the speed, direction, and nature of economic evolution.. By the late 1960s the majority of the world's countries conducted ...

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Answer 2

Answer ⬇️

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. ... Inadequacy of commodity money led to the evolution of metallic money (gold and silver).

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