WASSCE Commerce · Financial Services
Money and Currency
Functions of money, types of money, the currency system, and the role of money in commerce.
- lessons
- 2
- of study
- 16 min
- free to read
- 1
Across the topic: 9 sections · 4 worked examples · 2 diagrams
Topic content
Lessons in this topic
2 lessons · 16 min
- 1Money: evolution, functions and qualities7 minFree7 minFree
- Barter and its problems
- The evolution of money
- Functions of money
- Qualities (characteristics) of good money
1 worked example · 1 diagram
- 2Legal tender, the leone and the value of money9 min Plan9 min Plan
- Legal tender and kinds of money
- The leone
- The value of money
- Inflation and deflation
- Exchange rate
3 worked examples · 1 diagram
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