money

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introduction of money

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money

  1. 1. BARTER SYSTEM  initial stage of exchange  Goods for goods
  2. 2. DIFFICULTIES  Lack of double coincidents of wants  Luck of Division:  Lack of a Common Measure of Value  Lack of Store of Value
  3. 3. EVOLUTION OF MONEY  Commodity money  Metalic money  Paper money  Bank money / credit money
  4. 4. CURRENCY  medium of exchange  Introduced in 17th century
  5. 5. MONEY  Money is what money does  Means of payment
  6. 6. INDIAN MONETORY SYSTEM
  7. 7. AUSTRALIA doller
  8. 8. CHINA Yuan
  9. 9. ENGLAND pound
  10. 10. CANADA dollar
  11. 11. EUROPE euro
  12. 12. JAPAN yen
  13. 13. RUSSIA ruble
  14. 14. SOUDI ARABIA riyal
  15. 15. USA doller

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