development of money

USAGE SUMMARY

The phrase "development of money" is correct and usable in written English.
It can be used when discussing the historical, economic, or social evolution of currency and financial systems. Example: "The development of money has significantly influenced trade and commerce throughout history."

✓ Grammatically correct

Encyclopedias

Academia

News & Media

Human-verified examples from authoritative sources

Exact Expressions

3 human-written examples

The development of money has been marked by repeated innovations in the objects used as money.

Encyclopedia Britannica

He is particularly interested in the historical development of money and credit, as well as attempts to theorize these phenomena.

Columbia University

When he is not writing articles about coins for the Numismatic International Bulletin, and illustrating them with his own first-rate pictures, he is lecturing school groups about the development of money as a means of exchange.

The Washington Post

Human-verified similar examples from authoritative sources

Similar Expressions

57 human-written examples

Opportunities for the development of mobile money in Southern Africa abound as the market starts to mature.

Yale University

The development of bank money increased bankers' ability to extend credit by limiting occasions when their clients would feel the need to withdraw currency.

Encyclopedia Britannica

Larson says the firm plans to expand to up to 15 countries in Africa and Asia in the next five years, tracking the development of mobile money, but says there is still considerable growth potential in east Africa.

The Guardian

When Mr. Dobbs returned to CNN last April after a dot-com hiatus, the executives then running the network said he would anchor a new CNNfn program, write regular columns for the Web site and play an important role in the development of CNN Money.

The New York Times

Concurrent with this change was the development of bank money, which had begun with transfers of deposit credits by means of oral and later written instructions to bankers and also with the endorsement and assignment of written deposit receipts; each transaction presupposed legal acknowledgement of the fungible (interchangeable) status of deposited coins.

Encyclopedia Britannica

In India, the development of Airtel Money and EKO India Financial Services has covered a large number of previously non-banked customers, spreading the boundaries of financial inclusion.

Financial Innovation

Both companies depend on the development of mobile money payment systems in Africa and both have used debt to bring their products to market.

TechCrunch

(Visa, of course, has been making other big investments into how it can best leverage the development of mobile money services, from partnerships with operators to acquisitions, such as its purchase of Fundamo last year).

TechCrunch

Expert writing Tips

Best practice

When discussing the "development of money", be specific about the period, geographical location, or type of monetary system you are referring to for clarity. For example, specify "the development of mobile money in Africa" or "the development of coinage in ancient Rome".

Common error

Avoid using "development of money" without context. Without specifying which type of money or which era, the statement becomes too broad and loses its informative value.

Linguistic Context

The phrase "development of money" functions as a noun phrase, often acting as the subject or object of a sentence. As Ludwig AI states, the phrase is correct and usable in written English. It is used to name a process or concept related to monetary evolution.

Expression frequency: Uncommon

Frequent in

Academia

33%

Encyclopedias

33%

News & Media

33%

Less common in

Wiki

0%

Science

0%

Formal & Business

0%

Ludwig's WRAP-UP

The phrase "development of money" accurately describes the evolution and progression of monetary systems throughout history. Ludwig AI confirms its grammatical correctness and usability. While examples are not overwhelming, the phrase appears in encyclopedias, academic texts, and news media, indicating a broad understanding of the concept. When using the phrase, it's important to provide context by specifying the period, region, or type of monetary system being discussed. Alternatives such as "evolution of money" or "monetary system development" may offer nuanced ways to express similar ideas.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

evolution of money

Focuses on the gradual change and adaptation of monetary systems over time.

monetary evolution

Similar to "evolution of money" but can encompass broader changes in financial practices.

currency development

Specific to the progression and improvement of currency itself.

monetary system development

Emphasizes the systemic progress and organization of money.

advancement of money

Implies improvement and modernization in monetary practices.

growth of currency

Highlights the expansion and increasing use of currency.

emergence of money

Highlights the initial appearance and establishment of money.

progression of monetary forms

Focuses on the sequence of changes in different types of money.

genesis of financial systems

Focuses on the origin and initial formation of monetary systems.

financial innovation history

Centers on historical points of change in relation to money.

FAQs

What does the phrase "development of money" mean?

The phrase "development of money" refers to the historical and ongoing evolution of currency and financial systems, encompassing changes in form, function, and technology.

How can I use "development of money" in a sentence?

You might say, "The "development of money" significantly impacted global trade routes", or "Studying the "development of money" helps us understand modern economic systems".

What are some alternatives to "development of money"?

Alternatives include "evolution of money", "monetary system development", or "growth of currency", depending on the specific context.

What factors influenced the "development of money" throughout history?

Factors influencing the "development of money" include trade needs, technological advancements, political stability, and the need for standardized units of value.