Examlex

Solved

An Increase in and Stability of Which of the Following

question 70

Multiple Choice

An increase in and stability of which of the following is a defining characteristic of agricultural societies?


Definitions:

Medium Of Exchange

Anything widely accepted as a tool for payment in the exchange of goods and services.

Commodity Money

Money that takes the form of a commodity with intrinsic value

Fiat Money

Money without intrinsic value that is used as money by government decree

Money

The set of assets in an economy that people regularly use to buy goods and services from other people.

Related Questions