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economics

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If there was no item in the economy widely accepted in return for goods and services, how would transactions be made? How efficient would such a system be

  • economics -

    The world operated pretty well without money for thousands of years. People bartered efficiently as long as there were few goods to be traded.

  • economics -

    3. If there were no item in the economy widely accepted in return for goods and services, how would transactions be made? How efficient would such a system be?

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