The Bring it Home Feature discusses the use of cowrie shells as money. Although we no longer

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The Bring it Home Feature discusses the use of cowrie shells as money. Although we no longer use cowrie shells as money, do you think other forms of commodity monies are possible? What role might technology play in our definition of money?

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Principles Of Economics

ISBN: 9781506699868

2nd Edition

Authors: OpenStax

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Question Posted: Nov 01, 2023 03:09 AM

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The Bring it Home Feature discusses the use of cowrie shells as money. Although we no longer

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Commodity money like cowrie shells in the past is a type of currency that has intrinsic value While we no longer use cowrie shells as money in modern economies it is indeed possible for other forms of ...View the full answer

Principles Of Economics

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