Q.Write briefly the fifth stage in the evolution of money?
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bagha123
Some of the major stages through which money has evolved are as follows: (i) Commodity Money (ii) Metallic Money (iii) Paper Money (iv) Credit Money (v) Plastic Money.
Money has evolved through different stages according to the time, place and circumstances.
Answers & Comments
Money has evolved through different stages according to the time, place and circumstances.