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Before money was invented, people bartered for goods and services. Money is anything that is generally accepted as a mode for payment of goods & services and repayment of loans & debts such as taxes, etc., in a particular nation or country. Money was invented to facilitate trade as the barter system, but it can not express the value and prices of goods & services. The term money covers everything, like currency notes, coins, cheques, etc., to carry out all economic transactions and settle claims. Watch Tehleel Shah talking in detail about the Evolution of Money from Barter System to Digital Payment Methods. The video is important for all aspirants preparing for UPSC CSE and will be useful both for Prelims and Mains. . --------------------------- Contact for Admission and Counseling: E-mail: [email protected] Phone:+91-8792 740 517 Why Join Edukemy? 51 UPSC qualifiers in Final Merit List (UPSC CSE 2020) & 71 Selections in UPSC CSE 2021. 7 Edukemy students in the top 100 (UPSC 2020) and 6 students in the top 100 (UPSC 2021) 50% questions hit rate in mains. 80+ years of cumulative teaching experience. India's Best-in-class Faculty. ---------------------------------- Join Our Courses: GS Foundation Course 2024 - January (Batch 2) Online: https://edukemy.com/upsc/gs-foundatio... GS Foundation Course 2024 - January (Batch 2) Offline: https://edukemy.com/upsc/gs-foundatio... GS Foundation Course 2024 - January (Batch 2) Online: https://edukemy.com/upsc/gs-advanced-... GS Foundation Course 2024 - January (Batch 2) Offline: https://edukemy.com/upsc/gs-foundatio... Prelims Support Programs: UPSC 2023 Prelims Support Program with Structured Mentorship & Test Series https://edukemy.com/upsc/upsc-2023-pr... UPSC CSE 2023 Prelims Support Program with Test Series https://edukemy.com/upsc/upsc-cse-202... UPSC CSE 2023 Prelims Test Series https://edukemy.com/upsc/upsc-cse-202... ------------------------- Geography Optional - Hard Copy Notes: https://edukemy.com/upsc/geography-op... General Studies Booklet: https://edukemy.com/books ------------------------------------ For Daily Updates and Study Material: Join our Telegram Channel - https://t.me/WithEdukemy4IAS 1. Learn through Videos - https://bit.ly/3vOD8sU 2. Be Exam Ready by Practicing Daily MCQs - https://bit.ly/3Q9z2nF 3. Daily Newsletter - Get all your Current Affairs Covered - https://bit.ly/3bE2y5J 4. Mains Answer Writing Practice - https://bit.ly/3mZuVxl Facebook: / edukemyforias Instagram: / edukemyforias #upsccse #currentaffairsupsc #thehinduanalysis #edukemy #mains #upsccoaching #upsconline #upscpreparation #currentaffairs