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Economics > Money and Credit

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 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.


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