Could perishable goods, like fresh vegetables or dairy products, be a good choice to use as money in a region where they were plentiful?

Question

Could perishable goods, like fresh vegetables or dairy products, be a good choice to use as money in a region where they were plentiful?

• Yes, food is valuable in all societies.
• Yes, anything is good to use as money.
• No, money must be either metal or paper.
• No, anything used as money should holds its value.

Answer 1

Yes, food could potentially be a good choice to use as money in a region where perishable goods like fresh vegetables or dairy products are plentiful. In such a situation, people would place a high value on these goods as they are essential for survival and are in constant demand. However, it would be important to ensure that proper storage and preservation methods are in place to prevent spoilage and maintain the value of the goods being used as money. Overall, the key factor in using perishable goods as money would be the level of demand and stability in their value within the society.