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WELCOME
Presented by
Vidhya Sathyan Reg No:13340026 Social science FMTC Mylapore
MONEY
Money came in to existence as a means to overcome the short coming of barter system
‘’Money is what money does.”
FUNCTIONS OF MONEY
• Medium of exchange • Measure of value • Standard of deferred payment
NECESSARY OF MONEY
• Money enabled people to by and sell anything
• They amassed wealth in the form of money
• Money helped in valuing things and service.
STORY OF COIN
Coins were first made of valuable metals, especially gold and silver. Relatively cheaper metals like brass and nickel began to be used to make coins. Later aluminium and stainless steel were used.
THE EARLY COINS OF INDEPENDENT INDIA
Karshapanam, purana, rupaka and suvarna were some of the earliest coins of India. They were minted in silver.
THANK YOU
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