ECONOMICS
CREDIT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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grains and cattle
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Coins
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Jewels
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Land
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Detailed explanation-1: -Cattle and salt were used as money in earlier periods. Paper and credit money have emerged only in the recent past.
Detailed explanation-2: -Cowrie shells and other items from nature Some of the earliest currencies were objects from nature. A notable example is cowrie shells, first used as money about 1200 BCE.
Detailed explanation-3: -Cowry shells were first used in India as commodity money.
Detailed explanation-4: -Silver, copper, and iron were used as currency in the olden days. Gold, copper, and silver in ancient times were used as money in order to allow people to trade, that is, exchange goods and services over long distances. Was this answer helpful?
Detailed explanation-5: -Planter’s chair. The planter’s chair is thought to have been imported to India from Sri Lanka by the British. Auto-rickshaw meter. Rickshaws are common in India, and so are their meters. Shuttlecock. Charkha. Masala Dani. Fighter Kites. Dhoti. Godrej Typewriter. More items •19-Jul-2018