CBSE Class 7 Social Science Question 3 of 6

From Barter to Money — Question 3

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Question
How has money transformed into various forms over time?
Answer

Money has evolved significantly over time. It started with the use of commodities like grains or cattle, then moved to metallic money such as gold and silver coins. Later, people began using paper currency issued by governments. In modem times, money has taken digital forms like debit/credit cards, mobile wallets, UPI, and cryptocurrencies, making transactions faster and more secure. Let’s Explore