USA HISTORY

Detailed explanation-1: -The money used by people of a particular country is known as currency. Different countries have different currencies. e.g. India has indian rupees as its currency, USA has US Dollar, UK has euro, etc.

Detailed explanation-2: -Currency is anything that is generally accepted to have value as a medium of exchange so that it can be traded for goods and services. The trading system within an economy is based on its currency, which is usually specific to a country and issued by that country’s government.

Detailed explanation-3: -Money in the form of paper or coins, issued by a government and accepted at face value, is known as currency. In bartering, goods and services were exchanged directly for other goods and services . Currency has replaced bartering as the primary means of exchanging goods and services in the modern world.

Detailed explanation-4: -Currency refers to a promissory note or a coin that is presented in the form of currency. Currency is a medium through which money becomes live. Money is often categorized under good money and bad money, good money is considered to be gold and bad money is considered to be a currency.