Explanation:

The history of money CONCERNS the development of social and economic systems that provide at LEAST one of the functions of money. Such systems can be understood as means of trading wealth indirectly; not directly as with barter. Money is a mechanism that facilitates this process.

Money MAY take a physical form as in coins and notes, or may exist as a written or electronic account. It may have intrinsic value (commodity money), be legally exchangeable for something with intrinsic value (representative money), or only have nominal value (fiat money).[1]

The earliest ideas included Aristotle's "metallist" and Plato's "chartalist" concepts, which Joseph Schumpeter integrated into his own theory of money as forms of classification.[13] Specifically, the Austrian economist attempted to develop a catallactic theory of money out of Claim Theory.[14] Schumpeter's theory had SEVERAL themes but the most important of these involve the notions that money can be analyzed from the viewpoint of social ACCOUNTING and that it is also firmly connected to the theory of value and price