What is Money?
Historically many things throughout time have been used as money. Which include beads, shells, stones, tobacco, wheat, livestock, gold, silver and currency. But what makes money? Not everything is money, some is currency.


What is Currency?
It is a unit of monetary exchange that can be used in trade for all goods and services. It is made up of the following important key elements. It acts as a circulating medium of exchange – which is an intermediary used in trade to avoid the inconvenience of a peer barter system. It’s a unit of account – which is a standard monetary unit of measurement of value and costs on all goods, services and assets…

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