Nwanne, T.F.I (2015) MONEY AND ELEMENTS OF BANKING. TeamWork Publications Int’l Ltd..
![[img]](http://eprints.gouni.edu.ng/style/images/fileicons/text.png) |
Text
combinepdf.pdf Download (1MB) |
Abstract
Everyone needs and uses money. We all want it, work for it and think about it. However, the task of defining what money is, where it comes from and what it's worth belongs to those who dedicate themselves to the discipline of economics, finance and banking. While the creation and growth of money seems somewhat intangible, money is the means with which we get the things we need and want. The history of money can be dated back to as early as the start of civilization around 2000 BC in Mesopotamia and Egypt. The first and the earliest primitive form of money was the commodity money. Commodities such as hides, skins and some grains were universally accepted as medium of exchange. Metallic economy was what followed after the commodity economy and was later followed by coinage and paper money economy respectively. Some of the modern forms of money are the credit money and plastic money.
| Item Type: | Book |
|---|---|
| Subjects: | H Social Sciences > HG Finance |
| Divisions: | Faculty of Management and Social Sciences |
| Depositing User: | mrs chioma hannah |
| Date Deposited: | 19 Jul 2019 10:14 |
| Last Modified: | 19 Jul 2019 10:14 |
| URI: | http://eprints.gouni.edu.ng/id/eprint/1705 |
Actions (login required)
 |
View Item |
