Question

what led to the emergence of money in the modern world? ​

Answer 1

Answer:

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Explanation:Money Supply: Money in our economy is demand deposits plus currency and coin. “Demand deposits” are checking accounts held at financial institutions known as “Depository Institutions.” Mostly these are commercial banks. ... Modern fiat money is “debased” by the definition of fiat money.

Inadequacy of commodity money led to the evolution of metallic money (gold and silver). The problem of uniformity of weight and purity of precious metals led to private and public coinage. ... This led to introduction of Bank Money (or credit money) in the form of cheques, drafts, bills of exchange, credit cards, etc.

interacting (producing, trading and consuming) with each others through some mechanisms (markets, barter and monetary exchange) over different spatial and temporal scales. ... People studying economics discovered that money can autonomously emerge from exchanges of goods among individuals without any supervision

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Answer 2

Explanation:

people studying economics discovered that money can autonomously emerge form exchange of good among individual without any supervision