Question

write the modern forms of money?

pls answer fast ​

Answer 1

The Four Different Types of Money

Commodity Money. Commodity money is the simplest and most likely also the oldest type of money. ...

Fiat Money. Fiat money gets its value from a government order (i.e. fiat). ...

Fiduciary Money. ...

Commercial Bank Money. ...

In a Nutshell.

In the modern monetary systems, there are three forms of money in actual use: (i) Metallic Money, (ii) Paper Money, and (iii) Credit Money. The first two kinds ofmoney are in the form of currency money and the last one is credit or bankmoney.

I think it helps u

Answer 2

The department of government minting coins is called the Mint. In the modern monetary systems, there are three forms of money in actual use: (i) Metallic Money, (ii) Paper Money, and (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.