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2013 | OriginalPaper | Buchkapitel
History, Technology and Commerce
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If someone were to show us a flash card with the word money written on it, most of us would probably go on to think about cash in the form of banknotes and coins. Cash is readily associated with money because of its status as legal tender, its liquidity and its virtually universal acceptance as a means of making payment.
However, money has changed its form considerably in the course of time. Indeed, the paper money and bank deposits familiar to us today are relatively modern inventions.