Money
Commerce SSS1 Third Term
WEEK 10
Money
Performance Objectives
The student should be able to:
1. Define money.
2. Describe the evolution of money.
3. State the functions of money.
4. List the qualities/characteristics of money.
5. List the forms/types of money.
Content
Definition of Money
Money is anything that is generally accepted as a medium of exchange and in the settlement of debts. Money can also be defined as anything that is generally accepted as a means of payment.
Evolution of Money
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