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THE
HISTORY OF MONEY
Money did not always exist.
Prior to money, barter was how goods
were exchanged, however,
barter was not very efficient, as
trading animals for other goods
proved inconvenient. Money
acts as an intermediary market good,
which may be exchanged for
other goods. Through history,
money has taken many different
forms, including scarce metals.
Today, the majority of money
exchanged takes no physical form,
and only exists as bytes and bits in
a computer's memory.
See the following suggested links
for learning about the history of
money. Then see our home page
for lessons to learn money skills. |
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Teaching
and learning about the history of money.
