Evolution Of Money

Evolution of money. 2016-11. Money is the most important thing when you want to buy or sell something. Commodity money metalic money paper money credit money electronic money. Different stages of evolution of money. When different commodities were used as a medium of exchange (BARTER SYSTEM). Commodity money. The next step in the evolution was the discovery of precious metals like Gold. Metallic money. First development in China In Europe was first introduced in Sweden. Paper money. Includes Bank money (different instruments offered by the Banks. ) Cheques, Drafts. Credit money. Electronic money (also. In the history of money it had different shapes. In conclusion.  Sources of information.

First development in China; In Europe was first introduced in Sweden.

In the history of money it had different shapes, but the same value.