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Methods of exchanging

goods and services in the


economy
Some methods used by
people to exchange goods
and services include
1. barter system
2. exchanging using money
Barter System
In ancient times before money
was invented people exchanged
goods directly for other goods.
This way of carrying out
exchange is called barter.
History of money forms in
Maldives
Cowry shells

silver coins

Paper money Gold coins


Bank cheque
Electronic Bronze coins / Laari
money- card

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