Aishatouu Aishatouu
  • 14-01-2024
  • Social Studies
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State four similarities and differences between money and other commodities used in trade by barter

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vancesavanah
vancesavanah vancesavanah
  • 14-01-2024

Answer:We distinguish between the two in the following way. In a direct barter economy, the goods one owns are exchanged for the goods one desires. In a commodity money economy, the goods one owns may be traded for a good that is not consumed but is traded, in turn, for the good one desires.

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