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Evolution of Monetary Transactions – Past, Present and Future

To get on with the business of living, all of us need money on a constant basis, we continue with the humdrum of everyday life oblivious to the fact that money has a life of its own – present life, the hard cash you can touch and feel, and the virtual cash in virtual wallets.<br>

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Evolution of Monetary Transactions – Past, Present and Future

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  1. Evolution of Monetary Transactions – Past, Present and Future To get on with the business of living, all of us need money on a constant basis, we continue with the humdrum of everyday life oblivious to the fact that money has a life of its own – present life, the hard cash you can touch and feel, and the virtual cash in virtual wallets.

  2. Concept of Money It is interesting to note this humble money has got the past as well and it goes without saying the same will evolve in the future and take a different shape and form. Primarily the concept of unwavering ever made an appearance for the very first underlying money since is it time.

  3. Medium of Exchange Simplistically put money is a medium of goods and services. In the early times, grains were the chosen medium of exchange. They gave way currency and monetary system. transition was not as simple and effortless as is made out to be. exchange of to current our The

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