PPT-MONEY BARTER SYSTEM AND EVOLUTION OF MONEY

BARTER SYSTEM HISTORICAL Introduction Money is something which is generally accepted as a medium of exchange It is one of the most basic and significant inventions of mankind Before money came into use exchange took place through barter system ie goods were exchanged for goods . The Importance of Trade. Trade, the business of buying and selling goods, between regions was important in the transfer of ideas from the Near East (Middle East) to area on the edges of Europe (in the Mediterranean Sea). __________________________________________________________________________________________________________ No. of Goods ("n") No. of Prices No. of Prices in a Barter Economy* in a Money Economy ______ Commerce. Lesson 2. Slide 2A. What . Does . That. Mean? . Term. Definition . barter. a system of exchange by which goods or services are directly traded for other. goods or services without using money.. www.positivemoney.org/. . Plan for the talk. 1. Where does money come from? Analysis of the problem.. 2. . How the monetary system affects e. ight big public issues. . 3. Two solutions proposed by Positive Money. Chapter 20. McGraw-Hill/Irwin. Copyright © . 2015 . by . McGraw-Hill Education (Asia). . All rights reserved.. Learning Objectives. Describe the role of financial intermediaries such as commercial banks in the financial system. Housing Perspectives on VFM, Social Value and Social Accounting. Guy Daly. . and Kevin Gulliver. HOUSING STUDIES ASSOCIATION CONFERENCE APRIL 2014. Value for Whose Money?. Introduction. Aims of the paper. AP Economics. The Evolution of Money. Barter Economy. -moneyless economy that relies on trade or barter . Problems. -. products some people offer are not always acceptable or easy to divide for payment. Published in 2007 – but timeless. Personal Finance. Be Humble. When you do not know a thing, to allow that you do not know it--this is knowledge.. --Confucius. Investing . is a big bet on an unknowable future. Lessons It’s All About the Money, Money, Money Deciding On A College 101 Deciding On A College 202 You Want Me To Go Where? Some More About the Money Homework What better way to combat these stereotypes than working your way through school at a public university, graduating with Lessons It’s All About the Money, Money, Money Deciding On A College 101 You Want Me To Go Where? Some More About the Money What About Free Money? Homework What better way to combat these stereotypes than working your way through school at a public university, graduating with Money and the Banking System What Is Money? What is Money? Money is whatever is generally accepted in exchange for goods and services — accepted not as an object to be consumed but as an object that ECO 473 – Dr. Dennis Foster. Backstory – The “Austrian” School. Menger. (Principles of Economics). Böhm-Bawerk. (Capital & Interest). Mises. (Theory of Money & Credit; Human Action). Prepared by-. Mrs Anindita Chakravarty. Assistant Professor( Dept of Economics) . Silapathar College. Dear students, in this PPT we will focus on the meaning of money and its evolution. However students, even though some of the traditional and tribal communities practice barter even today, but there are certain drawbacks of the system that needs to be highlighted. Goodhart. , C.A.E. . Money, Information and Uncertainty. . (London: Macmillan, 1989a), Chapter 2.. Lewis, M.K. and P.D. . Mizen. , . Monetary Economics. . (Oxford; New York: Oxford University Press, 2000), Chapters 1 and 2. .