Economic Applications ICSE Class 10 Syllabus is Now Available on Extramarks

Money and Credit is one of the essential chapters of Class 10 Economics and students should learn this chapter online from the Extramarks app and then they can try to solve ICSE Class 10 Economic applications solutions. Money serves as a means of exchange. Money works as an intermediary inside the modern economy. It is used as a platform for commodity and service trade.  Before the money was introduced, Indians were using grain and cattle as currency (Barter system). The selling and purchasing of goods and services were done in a barter system i.e. by satisfying shared wishes without using money. The goods and services in this scheme were traded for other goods and services. It was also known as the Commodity Economy CC, i.e. commodity and for more information on this, students can learn online ICSE Class 10 Economic applications solutions from the Extramarks app. Students Modern money sources include currency— paper notes and coins. The new coins are not made of precious metals such as gold, silver. The current coin's real values are less than its face value. In the modern economy, currency notes are also used as a medium for trade. The currency notes are developed using paper. The actual currency notes prices are lower than their face values. For more information on Money and Credit, students can learn Economic applications ICSE Class 10 syllabus from the Extramarks app. Economic applications ICSE Class 10 syllabus covers full syllabus of Class 10 with the help of notes and video lectures.