what are the modern forms of money? how do they differ from the past form
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The modern forms of money includes coins and currencies. Apart from this, large amount of money is saved in demand deposits and cheques. On the other hand, the traditional form of money included Gold & Silver coins, that were issued by different rulers, showing their artwork or portrait in each coin.
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Modern forms of money are plastic money like
Credit card
Debit card
Electronic Fund Transfer etc.
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