The invention of money led to the end of the barter system. It was a system which was used before the invention of the money. You can read about the Monetary System – Types of Monetary System (Commodity, Commodity-Based, Fiat Money) in the given link.
Further readings:
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Related Links |
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Money Supply in Economy – Types of Money, Monetary Aggregates, Money Supply Control |
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Monetary Policy Committee (MPC) – Structure, Objectives UPSC Notes |
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