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Barter Essay Topics & Paper Examples

Money management

Ever since trading began, money existed, thus, it can be said that money and trading co-exists. The earliest form of money is actually very different from what we are using nowadays in this modern world. The history of money begins around 2500 years ago. Money is any clearly identifiable object of value that is generally accepted as payment for goods and services and repayment of debts within a market or which is legal tender within a country. Barter Barter is a system of exchange in which goods or services are directly exchanged for other goods and services. No money is needed in barter system as it does not involve the process of buying and selling. Although there is no evidence…