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📖 generic · CBSE Class 10 ENGLISH MEDIUM · ECONOMICS · Page 3poem

MODERN FORMS OF MONEY

Chapter 3: MONEY AND CREDIT · ECONOMICS

MODERN FORMS OF MONEY Early punch- marked coins (may be years old) Gupta coins Gold Mohar from Akbar’s reign wheat. All he has to do is find a buyer for his shoes. Once he has exchanged his shoes for money, he can purchase wheat or any other commodity in the market. Since money acts as an intermediate in the exchange process, it is called a medium of exchange . Tughlaq coin Modern coin

Related topics

NOTES FOR THE TEACHER→NOTES FOR THE TEACHER · Part 2→NOTES FOR THE TEACHER · Part 3→MONEY AS A MEDIUM OF EXCHANGE→D EVEL→

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