Money & Credit | Class 10 Social Science | SSC | CBSE | AP & TS | Manabadi Naveen Sir

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Unlock the concepts of Money & Credit in this comprehensive Class 10 Social Science lesson by Manabadi Naveen Sir. 🌟📚 Perfect for SSC, CBSE, AP & TS students, this video provides a thorough understanding of the role of money and the credit system in shaping economies.💰💳

Learn about the evolution of money—from barter systems to modern-day currency. 🪙💵 Discover the essential functions of money as a medium of exchange, unit of account, store of value, and standard of deferred payment. Dive deep into the concept of credit, how loans are provided by banks and financial institutions, and the role of collateral in securing loans. Understand the differences between formal and informal sources of credit, and their impact on rural and urban economies.📚🔍

Manabadi Naveen Sir simplifies the complex ideas surrounding the credit system, interest rates, and the functioning of banks. 📝🏦 This lesson also explores the problems of debt traps and the importance of self-help groups (SHGs) in promoting financial inclusion. Real-life examples and case studies make it easier to grasp the relationship between money, credit, and economic development.👨‍🏫💡

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