Evolution of money from Barter System to Digital Payment Methods

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  • čas přidán 17. 12. 2017
  • This video explains how money evolved from the Barter system to Physical money to Digital payment methods

Komentáře • 64

  • @user-ee5wf6qc3q
    @user-ee5wf6qc3q Před 2 lety +6

    Keep it up! :D your vid even got shown to the whole of my school :D

  • @dishaachar8059
    @dishaachar8059 Před 5 lety +8

    clean and clear explaination of the topic

  • @AryanKumar-ol8zk
    @AryanKumar-ol8zk Před 2 lety +1

    Your videos are shown in my international school keep it up 👍👍👍

  • @user-nc1nt3np7o
    @user-nc1nt3np7o Před 10 měsíci +1

    Thank you for seeing

  • @USCG.Brennan
    @USCG.Brennan Před 4 lety

    Excellent video on the subject.....thank you!! This topic should be taught in schools RATHER than alot of the junk kids are being taught today!!

  • @kagamitaiga5283
    @kagamitaiga5283 Před 2 lety

    👍Nice explainer video!
    May I know which software helped you to make these awesome animations?

  • @ripstatus598
    @ripstatus598 Před 4 lety +1

    Thanks for your nice vdo

  • @richasactivities1385
    @richasactivities1385 Před 4 měsíci

    Nicely explained for students

  • @poonamsingh5554
    @poonamsingh5554 Před 5 lety +2

    It is very good video

  • @s.sakthis.sakthi9614
    @s.sakthis.sakthi9614 Před rokem

    Thank you 😊

  • @marsela6076
    @marsela6076 Před rokem

    It is easy and happy thank you

  • @kalapillai5033
    @kalapillai5033 Před 5 lety +14

    It's very simple to understand. It's a amazing video to educate kids

    • @Thee-_-Outlier
      @Thee-_-Outlier Před rokem

      I'll pass on brainwashing kids to see a currency based economies as progress and evolution. Its quit the opposite. Its our death sentence and the main path of all corruption. Its also the only way hoarding excess is worth while leaving most without. Get a clue please

  • @bhupendrasinghmeena5690
    @bhupendrasinghmeena5690 Před 5 lety +1

    Nice video

  • @zeeyanraja5776
    @zeeyanraja5776 Před 3 lety +1

    Keep it up mam

  • @arnavg5475
    @arnavg5475 Před 6 měsíci

    Nice explanation

  • @JoshuaRoberts-me7gz
    @JoshuaRoberts-me7gz Před 2 měsíci

    Nice

  • @zeeyanraja5776
    @zeeyanraja5776 Před 3 lety

    It is great

  • @brandonhowarth2402
    @brandonhowarth2402 Před rokem

    Bring Back Bartering and
    wager then cash and coins as idea? and legacy Contact?

  • @thenooby1784
    @thenooby1784 Před 3 lety +3

    Video is great keep it up

  • @zayaansheadquarters8717

    it is also shown in my school too

  • @veeresh_22
    @veeresh_22 Před 2 lety +3

    how did the first currency/money was distributed among the people??

    • @javierwagner4410
      @javierwagner4410 Před rokem

      All money in existence came into realization as debt of the issuer. (this video doesnt really explain that, a commodity backed currency is not what most our trade is based on) The US dollar was issued by the govt as promises of payment, which are then due on US dollars. Switching from barter to currency is not as simple as the video may suggest, currency/debt promises existed since the mesopotamians, not a modern invention.

  • @ratnendukumar4857
    @ratnendukumar4857 Před rokem

    Bolenge ham💫💯

  • @vihankasuganti3208
    @vihankasuganti3208 Před 2 lety

    nice viid

  • @jasonhines7841
    @jasonhines7841 Před 2 lety +1

    This skips over a crucial part of the barter/coin story. How did it actually begin? Who first said he her is a silver chunk give me a gallon of milk and why did the milkman accept the worthless chunk of silver?

  • @amittiwary4197
    @amittiwary4197 Před 2 lety

    Jamai

  • @ratnendukumar4857
    @ratnendukumar4857 Před rokem

    Fantastic kaise bole very good and very fantastic 🇮🇳🇮🇳

  • @alfaasgari9779
    @alfaasgari9779 Před 2 lety

    Wow

  • @anuradhagavhankar6193
    @anuradhagavhankar6193 Před rokem +1

    👍🏻👍🏻👍🏻

  • @adil-wh5eq
    @adil-wh5eq Před 3 lety

    bya mujhe to eangrezi to aawaat hi nahi aab ham kya kre

  • @shivangishivangi8904
    @shivangishivangi8904 Před 2 lety

    Happy Republic Day to all of you

  • @KitanKate
    @KitanKate Před 2 lety

    this video is great but the sound effects sometimes are too loud so we cant hear the narrator

  • @amitpaneru2138
    @amitpaneru2138 Před 3 lety +13

    The barter system is still in practice BTW

  • @avisavant
    @avisavant Před 2 lety +1

    Maratha flag shown in video is wrong, its mughal flag. Pls correct it asap.

  • @Krishna_Priya2910
    @Krishna_Priya2910 Před 7 dny

    😊😊

  • @dinkarsonkusare5562
    @dinkarsonkusare5562 Před rokem +1

    👍🏽👍🏽💯💯💯💯

  • @sykorose1966
    @sykorose1966 Před 2 lety +7

    The barter system is the way. Each one teach one. Everyone has something to offer. Find it and produce it. It's community based and everyone agrees on which each one produces and we give and receive with love and honor. We have lost touch with what that means.

    • @Thee-_-Outlier
      @Thee-_-Outlier Před rokem

      You are correct. Currency based economies abstract people from self reliance and enslave the people. Currency based economies are also the main path in which all things can be corrupted. Lastly, currency based economies make it possible to hoard without loss which is why so many people are left with nothing. Currency is our death sentence and thus why I have dedicated the remainder of my life to establishing an alternate barter infrastructure for commodities, necessities and services that can sustain individuals and their families should they choose to not partake in the traditional currency based capitalist market. I am always happy when I see a comment like yours

    • @hackmedia7755
      @hackmedia7755 Před rokem

      Also currency can be printed infinitely and abuse citizens. Just imagine someone with a money printer just handing you money until they've taken all your land. It's absurd. While barter forces both people to exchange VALUE. Their arguments are weak. You can simply barter a non-perishing good to keep your value instead of being forced to use gold or silver.

    • @KhasiXChakuin
      @KhasiXChakuin Před rokem

      ​@@Thee-_-Outlier but it was still not the best system than the monetary system though

  • @thedynamicpanda6830
    @thedynamicpanda6830 Před 2 lety +3

    When the guy sold one pair of shoes to the guy that had tomatoes and couldn’t get anymore tomatoes that’s an economic bubble!
    Eventually you’re going to run out of customers!

  • @motivationalquatez2295

    Not good isme hindi kab aayegi

  • @SibSync777
    @SibSync777 Před rokem

    The one flag shown in maratha was of Mughals and the flag shown in Mughals was of Nizam of hyderabad

  • @amittiwary4197
    @amittiwary4197 Před 2 lety

    Ehi dakho

  • @arnavtubefarming9978
    @arnavtubefarming9978 Před 9 měsíci

    the animator was just lazy to show his new hair- hence, no barter

  • @Moon-magic109
    @Moon-magic109 Před 2 lety

    Not a fan of cashless society part.

  • @osmantriminioobedzuniga4257

    45,000
    🏦

  • @teamfivessaaj7661
    @teamfivessaaj7661 Před 23 dny

    ഇതിൻ്റെ മലയാളം ഉണ്ടോ

  • @Technicalayansh569
    @Technicalayansh569 Před rokem +1

    Student

  • @lonesoul663
    @lonesoul663 Před 2 lety

    Money is worthless. Why barter? We should just take from each other and give nothing back in return. If you need something just take it.

  • @whyamihere8302
    @whyamihere8302 Před 2 lety

    UwU

  • @capsfederation3154
    @capsfederation3154 Před 2 lety

    I learned nothing and seen no evolution

  • @anil50983
    @anil50983 Před 5 lety +3

    Nice explained

  • @mishumasti
    @mishumasti Před 2 lety

    Nice video

  • @jonhtom2745
    @jonhtom2745 Před 4 lety

    Ok thanks... I like ur video😀😀😀