commodity money wikipedia - EAS
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See all on Wikipediahttps://en.wikipedia.org/wiki/Commodity_moneyCommodity money is money whose value comes from a commodity of which it is made. Commodity money consists of objects having value or use in themselves (intrinsic value) as well as their value in buying goods. This is in contrast to representative money, which has no intrinsic value but … See more
Commodity money is to be distinguished from representative money, which is a certificate or token which can be exchanged for the underlying commodity, but only by a formal process. A key feature of commodity … See more
Although grains such as barley have been used historically in relations of trade and barter (Mesopotamia circa 3000 BC), they can be inconvenient as a medium of exchange See more
Commodities often come into being in situations where other forms of money are not available or not trusted, and these are social norms. Various commodities were used in pre … See more
Today, the face value of specie and base-metal coins is set by government fiat, and it is only this value which must be legally accepted as payment for debt, in the jurisdiction of the … See more
• Commodity Money: Introduction, about commodity money in the early American colonies.
• Commodities, a summary. See moreWikipedia text under CC-BY-SA license- https://en.wikipedia.org/wiki/Commodity_currency
• Gold standard
• Silver standard
• Hard currency
• Private currency
• Representative moneyWikipedia · Text under CC-BY-SA license- Estimated Reading Time: 4 mins
- https://en.wikipedia.org/wiki/Commodity
In economics, a commodity is an economic good, usually a resource, that has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no …
- https://en.wikipedia.org/wiki/Commodity_market
A commodity market is a market that trades in the primary economic sector rather than manufactured products, such as cocoa, fruit and sugar. Hard commodities are mined, such as …
- Estimated Reading Time: 8 mins
- https://commons.wikimedia.org/wiki/Commodity_money
money with value derived from composition from a commodity (such as silver or gold coins)
- https://en.wikipedia.org/wiki/Money
Commodity money value comes from the commodity out of which it is made. The commodity itself constitutes the money, and the money is the commodity. [29] Examples of commodities …
- https://www.askmoney.com/investing/commodity-money
Aug 16, 2021 · Commodity money is a form of money that has value as a specific commodity and is literally made of that item; it’s a valuable item that functions as a form currency. This …
Commodity money - Wikipedia @ WordDisk
https://worddisk.com/wiki/Commodity_moneyCommodity moneyis moneywhose valuecomes from a commodityof which it is made. Commodity money consists of objects having value or use in themselves (intrinsic value) as …
- https://en.wikipedia.org/wiki/Monetary_system
A commodity money system is a monetary system in which a commodity such as gold or seashells is made the unit of value and physically used as money. The money retains its value …
- https://en.wikipedia.org/wiki/History_of_money
The commodity theory of money (money of exchange) is preferred by those who wish to view money as a natural outgrowth of market activity. Others view the credit theory of money …
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