27
Jan
It is interesting how our economy has evolved from commodity-based to the present-day digital currency. An economic system is the backbone of any nation. The system evolves as per the need of time. It consisted mainly of a barter system (exchange of items or work) during the early days of our civilization. This system changed as people travelled and explored the world around them. The first physical form of currency known to mankind was metal. Certain civilisations started using metal coins in exchange for commodities as it provided a fair and easy transaction. Metal coins were eventually replaced by paper…