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What Do You Know About Money | Episode 2: From Barter to Commodity Exchange
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- Опубліковано 10 лип 2024
- Welcome back to "What Do You Know About Money?" In this episode, we explore how money evolved from bartering to commodity exchange!
Key Points:
Why the barter system failed traders.
How commodities like wheat, cattle, and spices became early money.
Problems with using commodities: storage issues, value changes, and more.
Question of the Day:
What do you think was the next step after commodities? Drop your answer in the comments!
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