What are the various forms of modern money?
Answers
Answered by
4
Answer:
Modern form of money includes currency, paper notes and coins. As we used money earlier modern currency is not made up of precious metals such as gold, silver and the copper.
Answered by
2
Answer:
In the modern monetary systems, there are three forms of money in actual use:
(i) Metallic Money,
(ii) Paper Money,
(iii) Credit Money.
The first two kinds of money are in the form of currency money and the last one is credit or bank money
Mark me as brainliest and follow me ❤️
Similar questions