Here are featuring the evolution of money, with details on each stage
Barter system
* Description: The original form of exchange, where goods and services are directly traded for one another.
* Example: Two cavemen exchange a flint tool for a piece of meat.
Commodity money
* Description: A valuable commodity that is used as a medium of exchange, such as gold, silver, or livestock.
* Example: A bustling marketplace filled with people from all walks of life, bartering goods and services using various commodities like salt, livestock, and grains.
Metallic coins
* Description: Standardized pieces of metal that are minted and used as currency.
* Example: A group of people standing in line at a bank, exchanging gold coins for paper money.
Paper money
* Description: A type of currency that is made from paper or another similar material.
* Example: A person using a credit card to make a purchase at a store.
Credit cards
* Description: A plastic card that allows the holder to make purchases on credit.
* Example: A person using a smartphone to make a digital payment.
Digital currency
* Description: A type of currency that is created and stored electronically.
* Example: A person using a smartphone to make a digital payment.