depositors and borrowers to carry around. Both are highly required for the healthy life but they have their significance and importance separately. A commodity is a simple item used by anyone. There is no ordinary standard of exchange into which both seller and buyer could change their tradable commodities. Introduction Money has long been a medium of exchange, a standard of payment, the unit of account and a store of value. Temples were used to store valuable things for trade, especially grain. Later, other countries also minted their own coins with specific values. There is no any doubt that money is so essential for our healthy living. You May Also Find These Documents Helpful. The travels of Marco Polo to China in 1,200.D. Vedic Period: Religious and philosophic literature; Transformation from Rig Vedic period to the later Vedic period; Political, social and economical life; Significance of the Vedic Age; Evolution of Monarchy and Varna system.
They agreed upon a symbolic value of these items. Now-a-days, everything has become so costly but necessary to buy for living a simple life. Iranian and Macedonian invasions and their impact. They are generally called as the bhai or dada or don. This is what separates the true. It was a temporary measure. Slaves were also used as currency around the world. In reading thesis binding the past, commodities such as salt, tea, cattle and seeds were used as money.
I can only partially agree with that. A certain amount of money is also our key to gaining physical freedom and taking better care of our health. Medicine of our time took a huge step forward during. University/College: University of California. Type of paper: Essay.