sample answer - structure to help your research process

title: evolution of money: from barter to mobile payments

introduction

• brief overview of the concept of money and its importance in human societies.
• thesis statement highlighting the evolution of money through various forms.

section 1: early forms of currency

• introduction to the barter system and the limitations it presented.
• the emergence of commodity money (e.g., cattle, shells, salt) as an early form of currency.
• discuss the advantages and challenges of commodity money.

section 2: the birth of coins

• the development of metal coins as a standardized form of currency.
• the role of governments and rulers in coin minting.
• advantages of coins in facilitating trade and commerce.

section 3: paper money and banking

• the transition from commodity money and coins to paper money.
• the establishment of early banking systems and the issuance of banknotes.
• historical examples of early paper money from different regions.

section 4: rise of plastic money

• introduction of credit cards and their impact on transactions.
• the evolution of debit cards and their widespread use.
• advantages and concerns related to plastic money.

section 5: the digital revolution

• introduction of digital currencies and online banking.
• the role of technology in the shift towards mobile payments.
• exploring the rise of cryptocurrencies like bitcoin.

section 6: mobile payments and beyond

• the growth of mobile payment systems and digital wallets.
• impact of mobile payment apps on traditional banking.
• future trends in the evolution of money.

conclusion

• summarize key points in the evolution of money.
• reflect on the societal impacts of these changes.
• consider the potential future developments in currency.

references

• citations for historical texts, academic articles, and reputable sources.