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The Clovis Tradition, a Sophisticated Stone Technology Based on a Sharp

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The Clovis tradition, a sophisticated stone technology based on a sharp point that was fastened to the end of a hunting spear, flourished (widely but briefly) in the central plains and in what is now the eastern United States. Until recently, the Clovis people were considered the first settlers of the Americas. Recent research now suggests, however, that


Definitions:

Medium of Exchange

An instrument or system used to facilitate the sale, purchase, or trade of goods between parties, typically money in modern economies.

Store of Value

An asset that can be saved, retrieved, and exchanged in the future without depreciating significantly.

Fiat Money

Paper money that is not backed by or convertible into any good; it is money because the government says it is money.

Medium of Exchange

A facilitating device or arrangement employed to assist in the transactions of buying, selling, or trading items between entities.

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