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  • 18-07-2018
  • Business
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How did the invention of money as a medium of exchange affect the barter system?

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LearnGrow
LearnGrow LearnGrow
  • 28-07-2018

The barter system is a form of trading in which goods are exchanged directly for other goods without the use of money or as an intermediary, without a medium of exchange. The invention of money supplemented the barter system by providing a nonperishable medium of exchange.

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