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

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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.

Cowry shells

Paper moneyBank cheque

Electronic money- card

Gold coins

silver coins

Bronze coins / Laari

History of money forms in Maldives