Download Mrunal Handout 1 CSP20 PDF Free - Full Version
Download Mrunal Handout 1 CSP20 by ['Margesh Patel'] in PDF format completely FREE. No registration required, no payment needed. Get instant access to this valuable resource on PDFdrive.to!
About Mrunal Handout 1 CSP20
1) The barter system had several disadvantages like the double coincidence of wants, high search and transaction costs, difficulty storing perishable commodities, and not encouraging specialization. 2) Money serves the primary functions of being a medium of exchange, store of value, and unit of account. It also serves secondary functions like facilitating deferred payments and transfer of value. 3) Money has evolved from commodity money like grains and metals, to metallic coins, to representative money like paper notes and coins not backed by gold, to modern bank money and digital currencies like cryptocurrencies. Each new form aimed to address the limitations of previous forms.
Detailed Information
| Author: | ['Margesh Patel'] |
|---|---|
| Publication Year: | 2020 |
| Pages: | 19 |
| Language: | English |
| Format: | |
| Price: | FREE |
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