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Cards (29)

  • Humans are the only creatures that use money
    Humas
  • give 5 Exist together in the world without money
  • in the earlier stages of human civilization to satisfy man needs _____ took place
  • ___ are used as a medium of exchange to solve the difficulties of barter economic system .
  • the money came into being from different stage in different time periods. following are the different kinds of stage of money. give 5 .
  • A large number of _ or terms has served as _ money at different time and placed. what is it ?
  • give me a 5 examples of commodity money.
  • what are the 4 problems of such items as money, which led to another stage of money in terms of some Precious metals like _,_, and _ which is known as _?
  • what are the 3 types or stages of metalic money?
  • like copper and tin were used as standard of value. But there was need of standard weight and purity of those metal, so a stamp was used to provide guarantee about the weight and purity. what is it?
  • The next form of money was the use of some precious metals such as gold, silver as a medium of exchange. The ratio of one metal to other was declared by the state. The age of precious metals has been ended after two world wars. what is it?
  • ___ accordingly metal was made into coins of ____ weight
  • Coins innovation is attribute to?
  • king midas of?
  • when king midas of Lydia innovation of coins?
  • how many years that coins were minted in temples more than?
  • some coins had an ____(___) ? which was reflected in their face value these coins were also known as__?
  • two types of coins?
  • ___ face value is equal to the intrinsic value of coin
  • ___ Face value is greater than intrinsic value
  • some economic believe that the paper money has been originated from? and in?
  • From the middle of 8th century, to the middle of 7th century, who are made an extensive use of paper money?
  • what country made some unsuccessful use of paper money their economy in the middle of _?
  • but some economic says that the origin of paper money has been started with ___?
  • paper currency is legal tender by the??
  • with the passage of time banking system is introduced in the economic sphere of life which brought about an easier and modern system of payment .  what is this?
  • with the development if computers and advanced communication technology, transaction. became more easier. what is this?
  • example of electronic money
  • it is an economic with that functions as a generally recognized medium of exchange for transactional purposes in an economy.