PPT 1_CB_III_Math_Money.pptx The Importance and Evolution of Money

Money is a fundamental concept in modern society, acting as a medium of exchange, a unit of account, and a store of value. Its origins date back to ancient civilizations, where various items, such as shells, beads, and metals, were used as currency. Today, money comes in multiple forms, including coins, banknotes, and digital currencies.

The primary function of money is to facilitate transactions. It allows people to trade goods and services efficiently, eliminating the need for bartering, which requires a direct exchange of items. Money also serves as a unit of account, providing a standard measure for valuing products and services, making it easier to compare prices and manage economic activities.

As a store of value, money enables individuals and businesses to save and accumulate wealth over time. This aspect of money is crucial for long-term planning and investment, as it retains purchasing power and can be used for future needs.

Digital currencies, such as Bitcoin, have introduced a new dimension to the concept of money. These decentralized currencies rely on blockchain technology and offer an alternative to traditional financial systems. While still evolving, digital currencies present potential benefits, including faster transactions and lower fees.

In summary, money is an essential tool that underpins economic systems, facilitates trade, and supports financial planning. Its evolution from physical objects to digital forms reflects the ongoing advancements in technology and the continuous need for efficient, reliable means of exchange.

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2. 2 Recognize The Value Of Different Notes ` 5 ` 10 ` 20 ` 50

3. 3 Recognize The Value Of Different Notes ` 200 ` 2000 ` 100 ` 500

4. 4 Recognize The Value Of Different Coins ` 5 ` 1 ` 10 ` 2

5. 5 Different Things Seen In A Note (front side) Picture of the father of the nation , ‘Mahatma Gandhi’ National Emblem Bank Name Code for Blind

6. 6 Different Things Seen In A Note (back side) Currency Value/ Denomination Language Panel Swachh Bharat Emblem

7. 7 Different Things Seen In A Coin National Emblem Currency Value/ Denomination Tails Heads

8. 8 Notes and Coins not in use any more ` 5 00 ` 1000 5 0 p

9. 9 Denominations as both Notes and Coins

10. 10 New currency introduced

11. 11 Writing rupees and paise together A dot (.) is used to separate rupees and paise. The number written before the dot stands for rupees and the number written after the dot stands for paise. ` 35.80 ` 112. 75 Thirty five rupees eighty paise One hundred twelve seventy five paise

12. 12 Thank You