0
Firstly, chop down some trees, furnish it & wahla $$ is out. Afterwhich convince people to use it when they want to exchange goods & services between one another. Therefore, $$ enters into a economy when people are convinced to use them when they want to exchange for their work. More $$ means more production thus a higher standard of living
Wiki User
∙ 16y ago
Add your answer:
Earn +20 pts
What is a money economy and a no money economy?
when u have money for devoloped annd not
What does money economy mean?
money economy is all about money u spend and all the money the economy such as cash;coins By:Ayesha
If an economy used gold as money its money will be?
If an economy uses gold as money, it's money will be coins.
History on trading instruments from subsistence ecomomy to money economy?
trading instruments is to exchange subsistencr economy to money economy is to give something and take money for it
What is trade in the economy?
A trade in a economy is what they trade for money.
What is Money economy?
money economy is an economy money
What is a money economy and a no money economy?
when u have money for devoloped annd not
What does money economy mean?
money economy is all about money u spend and all the money the economy such as cash;coins By:Ayesha
If an economy used gold as money its money will be?
If an economy uses gold as money, it's money will be coins.
History on trading instruments from subsistence ecomomy to money economy?
trading instruments is to exchange subsistencr economy to money economy is to give something and take money for it
What is an money economy?
an economic economy based on money exchange rather than barter
How quantity of money is measured?
In an economy, the quantity of money is measured by the Money Supply. This is the amount of money available in an economy in a specific period of time.
What is trade in the economy?
A trade in a economy is what they trade for money.
Pet banks and their affect on economy?
it made our economy way better than it ever was yayy money money money!
Who were the first people to develop a money economy?
The Lydians were the first people to develop a money economy.
What are the effects of illegal drug money on economy of a country?
Illegal drug money keeps money out of the economy of the country. The government can not tax illegal drug money.
In which type of economy do people not use money?
Traditional economy
