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From Barter to Bitcoin: Evolution of Money

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Money is a matter of functions four: a medium, a measure, a standard and a store. Introduction Before the medium of exchange - that is, "money" - came into the picture, there was no standard for the trade. The primitive humans, who were primarily hunter-gatherer socities did not require any medium of exchange. Since these socities were typically small and highly mobile, with individuals and groups relying on hunting, gathering, and foraging for their sustenance. The social organization of hunter-gatherer societies was relatively egalitarian, with individuals working together to ensure the well-being of the group. Constitution of Nations As the human socities became more sedentary and settled, the need for more complex social and political structures emerged. The development of agriculture and the establishment of permanent settlements allowed for the growth of larger communities and the emergence of social hierarchies. The need for exchange of goods and services aro...

Indian Agriculture: Scenario - Past, Present and Future

History of INDIA is very rich in terms of having Kingdoms, Architecture, Literature and many other things, and agriculture has always been in focus point for the economic activity. Over centuries growth of agriculture has contributed a lot in rise of civilisations. Before agriculture became the widespread activity, peoples were nomads. They roam around in search of food - hunting wild animals and gathering wild eatable plants - on daily basis. They were not settlers so they did not prosper. Eventually people learnt how to grow cereals and other edible roots, this was the turning point when they decided to settle down and live a life based on farming. Over some centuries dependence on agriculture increased heavily because of  which civilisations prosper a lot. Indus Valley Civilization (IVC) or Harappan Civilisation  (one of the several civilizations during that time period), which was situated on the bank on the river Indus, prosper because farming started producing surplus...