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SS1: ECONOMICS - 3RD TERM

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  1. Mining
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    1 Quiz
  2. Financial Institutions I
    7 Topics
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    1 Quiz
  3. Financial Institutions II
    5 Topics
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    1 Quiz
  4. Financial Institutions III
    5 Topics
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  5. Business Organisation
    3 Topics
  6. Money
    5 Topics
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    1 Quiz
  7. Channels of Distribution I
    5 Topics
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  8. Channels of Distribution II
    6 Topics
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  9. Business Finance
    7 Topics
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SS1: ECONOMICS – 3RD TERM Money Historical Development of Money
Lesson 6, Topic 3
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Historical Development of Money

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  • Historical Development of Money

The problems of barter, especially that of double coincidence of wants led to the introduction of a uniform medium of exchange, known as money.

During the early days, items such as shells, beads, cowries, coppers, 

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