Question

How many stages are there in evolution of money

Answer 1

Hey Mate !

Five stages

There are five stages of evolution –

→Commodity Money(Goods), Metallic Money(Coins),

→Paper Money(Bank Notes),

→Credit Money(Cheques & DDs) and

→Plastic Money(Credit & Debit Cards).

Hope it Helps u !

Thank it !

Answer 2

Answer:

Five stages.

1) Commodity Money (Goods)

2) Metallic Money (Coins)

3) Paper Money (Bank Notes)

4) Credit Money (Cheques)

5) Plastic Money (Credit card and Debit card (

Explanation:

Hope it helps you

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