This document discusses different methods of exchanging goods and services in an economy, including the barter system where goods are directly exchanged for other goods, and using money such as coins, paper money, bank checks, and electronic money through cards. It also mentions how in ancient times before money, a barter system was used where goods were directly exchanged.

1. Methods of exchanging
goods and services in the
economy

2. Some methods used by
people to exchange goods
and services include
1. barter system
2. exchanging using money

4. Barter System
In ancient times before money
was invented people exchanged
goods directly for other goods.
This way of carrying out
exchange is called barter.

8. Cowry shells
Paper money
Bank cheque
Electronic
money- card
Gold coins
silver coins
Bronze coins / Laari
History of money forms in
Maldives