What Was the First Step in the Evolution of Money

question 4

Multiple Choice

What was the first step in the evolution of money?  

• A) physical commodities 
• B) barter 
• C) pieces of paper representing claims on physical commodities 
• D) pieces of paper with no intrinsic value

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Definitions:

Hypersecretion

Abnormally increased output of a secreted material. Compare with hyposecretion.

Growth Hormone

A biochemical substance that promotes growth, cellular reproduction, and the renewal of cells in humans and animals.

Acromegaly

A condition characterized by overgrowth of the extremities of the skeleton, fingers, toes, jaws, and nose. It may be produced by excessive secretion of growth hormone by the anterior pituitary gland.

Gigantism

Abnormally tall growth caused when anterior pituitary secretes excessive amounts of human growth hormone during childhood