The compilation of these Economics Notes makes students exam preparation simpler and organised.
Money and Credit
How much pocket money do you get? Why pocket ‘money why not pocket ‘chocolates’? Money, in today’s world, has become an essential commodity. Whatever one does, one does it for money. You are studying right now to earn money in the future, your parents work to earn money.
Everything revolves around it. If not cash, there’s plastic money or e-money; but still money! So how do money and credit work? Why do we need credits when we have cash? Let us know all about money and credit.