The evolution of money is a masterpiece it is rich in content and contains historical breadth from prehistory origins to the future utopia and analytical depth it is rich in content and contains historical breadth from prehistory origins to the future utopia and analytical depth. Origin and evolution of money barter money as we know it today is the result of a long process at the beginning there was no money people engaged in barter the exchange of merchandise for merchandise without value equivalence. Regarding money of exchange the use of representative money historically pre dates the invention of coinage in the ancient empires of egypt babylon another step in the evolution of money was the change from a coin being a unit of weight to being a unit of value. Some of the major stages through which money has evolved are as follows i commodity money ii metallic money iii paper money iv credit money v plastic money money has evolved through different stages according to the time place and circumstances in the earliest period of human . Evolution of money is probably one of the biggest invention in human historythe money was not invented but it evolved with passage of time according to the changing requirements of economiesit is not a result of brain storming of some economist rather there is a long process of evolution since start of civilization to this modern complicated credit system
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