Money evolved through several stages to get to the currency notes and coins we have today. However “ Modern – day trade may compare negatively with barter trade”. Discuss this statement giving it your support.

  • Trading procedures have become complicated
  • Increased fraud and cheating over money
  • Trade has become risky due to theft and carrying of large sums of money
  • Trade has become expensive where one has to bank money, pay interest for loans etc.
  • It has been dominated only a few leaving out the majority.



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