Explain various stages in evolution of money. (2024)

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Money has evolvedthrough different stages according to the time, place and circ*mstances. Someof 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.

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Explain various stages in evolution of money. (2024)
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