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Traditional economy
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∙ 15y ago
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What is a money economy?
It is an economy where people use currency rather than barter to buy and sell goods.
Characteristics of free market economy?
free market economy is an economy ruled by the people, not the government. individuals make decisions about their employment, how to use or accumulate money what to buy and to save money or spend it.
What type of money do the people in Cameroon use?
They use "Kuvachi"
What type of money do people use in Colombia?
Pesos
What type of money do people use in Venesuela?
Bolivar fuerte!
What type of money do french people use?
Obviously euro!
What type of money do Bahamas people use?
Bahamian dollar
How can El Ninos affect the economy of Latin America?
By making people use all the money on working stuff
Why did some people oppose the use of silver as money?
They argued that using silver as money would lead to inflation and undermine the economy. They proffered to trade.
How is the economy in Morocco?
Morocco doesnt have a economy as it is a medieval war time country filled with barbaric people who beat eachothers heads in with rocks and the money system doesnt work as in one part of the country they use diffrent money.
What type of money does Guatemala use?
The people in Guatemala use Euros. They are more money than our dollar bills.
How can you use the word money economy in a sentence?
i used money enconomy for my homework.
