Want this question answered?
Indus valley civilization according to history tells about that India is the first country to issue coins for trading.
any item that can be traded for another item
Voluntary exchange in designed in such a way that both buyers and sellers are better off than before the exchange. People gain goods of greater or equal value after the exchange.
A produce exchange is an organized market that allows people to sell and buy produce through a broker or in person. It is an exchange where produce is sold ad bought.
Money is a convenient tool for exchange, making it useful to people.
Coins came into use about the same time in Asia minor (present-day Turkey) and in China.
Indus valley civilization according to history tells about that India is the first country to issue coins for trading.
"The medium is the message" was coined by Marshall McLuhan in the 1960s. This phrase emphasizes the idea that the medium through which information is transmitted is just as important as the message itself in shaping the way people perceive and interpret it.
medium of exchange
something that people agree has specific value
Yes, money is a generally accepted medium of exchange, which facilitates the trade of things of value, measurable in monetary terms. Those are just two of the functions of money.
if people use quartz as a medium of exchange, then they
People in both places were introduced to new crops and animals.
People in both places were introduced to new crops and animals.
People in both places were introduced to new crops and animals.
People in both places were introduced to new crops and animals.
Money is a medium of exchange for good and services. What this means is, you can give people money to get them to give you things and do things for you. With the help of other people, life is much easier.