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NOTES.COINS. BANKING

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  1.When was money first used? The utilization of cash goes back millennia. The idea of cash has advanced over the long haul, and different types of money have been utilized by various civilizations. Here is a concise outline: Bargain Framework (Ancient Times): Before the creation of cash, individuals took part in a trade framework where labor and products were traded straightforwardly for different labor and products. While this framework worked somewhat, it had restrictions, for example, the "twofold occurrence of needs" issue, where the two players needed to have something the other needed. Product Cash (Old Civic establishments): After some time, certain wares with inherent worth, like salt, dairy cattle, and valuable metals like gold and silver, started to act as an all the more generally acknowledged mode of trade. These wares were utilized as cash in view of their intrinsic worth and far-reaching acknowledgment. Metal Coins (seventh Century BCE): The Lydians, an old ...

MEASURES AND WEIGHTS.MEASURING AND COUNTING DEVICES

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  1.How was trade done earlier? Exchange has been a central piece of human civilization for quite a long time, and the techniques for leading exchange have developed over the long haul. Here is a concise outline of how exchange was finished in before periods: Bargain Framework: In old times, individuals participated in deal exchange, where labor and products were traded straightforwardly for different labor and products without utilizing cash. This framework had impediments, as it required a twofold happenstance of needs, meaning the two players needed to need what the other brought to the table. Item Cash: Over the long haul, social orders progressed to utilizing products with characteristic worth, like valuable metals (gold, silver) or different merchandise, as a vehicle of trade. These items filled in as a type of cash and made exchange more proficient. Metal Coins: As exchange extended, metal coins were presented as a normalized type of cash. These coins had relegated esteem...