The development and renewal of money and transactions

László Arany, Margit Csipkés and Péter Popovics
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László Arany: Faculty of Economics and Business, University of Debrecen, Debrecen, Hungary
Margit Csipkés: Faculty of Economics and Business, University of Debrecen, Debrecen, Hungary
Péter Popovics: Faculty of Economics and Business, University of Debrecen, Debrecen, Hungary

Network Intelligence Studies, 2023, issue 21, 7-13

Abstract: In this article, we examine the history of the development of money and the importance and expansion of economic transactions, as well as two of the many currencies used in the European Union, the official currency of the EU, the euro, and the money of Hungary, the Hungarian forint. Money as an essential condition for material well-being. Money is the driving force of mankind. Money ensnares, keeps in motion, operates our world. Wherever we look, whatever we want to do, directly or indirectly, we will come into contact with money. The development of money, the market and banks is a series of events taking place in parallel.

Keywords: money; digital money; economic transactions; currency (search for similar items in EconPapers)
JEL-codes: E40 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:cmj:networ:y:2023:i:21:p:7-13

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