Economics · Evolution of Money
Which of the following represents the correct chronological order of the evolution of money?
- 1Metallic Money, Paper Money, Credit Money, Commodity Money
- 2Credit Money, Paper Money, Commodity Money, Metallic Money
- 3Paper Money, Credit Money, Metallic Money, Commodity Money
- 4Commodity Money, Metallic Money, Paper Money, Credit Money✓
Correct answer
Commodity Money, Metallic Money, Paper Money, Credit Money
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