History of money and banking

1. Student Gorie Madalina-Cristina
Grupa 8202
Prof. Mihai Daniel Frumuselu

2.  At first, they were used commercially as a means of
payment in the form of coins, and subsequently
banknotes (banknotes / receipts) and electronic
payment instruments (cryptic currency)

3. Specific functions (mostly micro-economic)
1. Unit of account (abstract)
2. Common measure of value (abstract)
3. Medium of exchange (concrete)
4. Means of payment (concrete)
5. Standard for deferred payments (abstract)
6. Store of value (concrete)
General functions (mostly macro-economic and abstract)
7. Liquid asset
8. Framework of the market allocative system (prices)
9. A causative factor in the economy
10. Controller of the economy

4.  The Bank is a financial institution that has as main
object of activity the attraction of deposits and the
granting of credits. Banks are organized as a joint
stock company and operate under the supervision of
the central bank.

6. https://ro.wikipedia.org/wiki/Ban_(mijloc_de_plat%C4%83)
http://193.6.12.228/uigtk/uipz/hallgatoi/Origins%20of%20Money%20and%20
of%20Banking.pdf
https://ro.wikipedia.org/wiki/Banc%C4%83_(institu%C8%9Bie_financiar%C4
%83)