English
Maharashtra State BoardSSC (English Medium) 5th Standard

Write a short note on ‘money’.

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Question

Write a short note on ‘money’.

Short/Brief Note
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Solution

Money, a medium of exchange in the form of coins and notes are needed to buy goods and services. Coins and notes are different in different countries. In the United States dollars are used, while in England it is pounds. Long before paper money came into being, the barter system was followed, i.e. exchange of one thing for another. With the passage of time, stones, bricks of salt, shells, and cowries were used as money. Grains, farm produce, cattle, goats, and chickens were exchanged for tools and implements or wages. Later precious metals and eventually paper money started being used. It is our duty to handle and spend money carefully, as earning it requires a lot of effort.

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Chapter 28: All about Money - Things to do [Page 70]

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Balbharati English Standard 5 Maharashtra State Board
Chapter 28 All about Money
Things to do | Q 1 | Page 70
Balbharati English Integrated Standard 5 Maharashtra State Board
Chapter 28 All about Money
Things to do: | Q 1. | Page 9
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