Answer:
Some of the major stages through which money has evolved are as follows: Commodity Money . Metallic Money. Paper Money. Credit Money. Plastic Money. Money has evolved through different stages according to the time, place and circumstances.
Explanation:
There are mainly six stages of evolution of money: Animal money Use of cow, sheep for exchange. Commodity money Use of rice, wheat, cotton for exchange. Metallic money Use of gold, silver, brass for exchange.
