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   What are some theories about the origin of money?

   • There are many theories about the origin of money, in part because money has many functions: It facilitates exchange as a measure of value; it brings diverse societies together by enabling gift-giving and reciprocity; it perpetuates social hierarchies; and finally, it is a medium of state power.

   When – and why – did people first start using money? - The Conversation

   theconversation.com/when-and-why-did-people-first-start-using-money-78887

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   What is a commodity theory of money?

   • The commodity theory of money: A classic theory, which goes back all the way to Aristotle ( Politics , 1255b–1256b), holds that money is a kind of commodity that fulfills three functions: it serves as (i) a medium of exchange, (ii) a unit of account, and (iii) a store of value.

   Philosophy of Money and Finance - Stanford Encyclopedia of Philosophy

   plato.stanford.edu/entries/money-finance/

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   Why was money invented?

   • The invention of money is a complex and gradual process that evolved over thousands of years in response to the needs of human societies. Money, in its primitive forms, emerged as a solution to the limitations of barter systems, where individuals exchanged goods or services directly.

   History of Money: Discovery and Evolution of Money

   historycooperative.org/the-history-of-money/

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   What is the history of money?

   • The history of money is the development over time of systems for the exchange, storage, and measurement of wealth. Money is a means of fulfilling these functions indirectly and in general rather than directly, as with barter . Money may take a physical form as in coins and notes, or may exist as a written or electronic account.

   History of money - Wikipedia

   en.wikipedia.org/wiki/History_of_money

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2. en.wikipedia.org › wiki › History_of_moneyHistory of money - Wikipedia

   en.wikipedia.org › wiki › History_of_money

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   There are at least two theories of what money is, and these can influence the interpretation of historical and archeological evidence of early monetary systems. The commodity theory of money (money of exchange) is preferred by those who wish to view money as a natural outgrowth of market activity.

3. theconversation.com › when-and-why-did-peopleWhen – and why – did people first start using money?

   theconversation.com › when-and-why-did-people

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   Jun 20, 2017 · There are many theories about the origin of money, in part because money has many functions: It facilitates exchange as a measure of value; it brings diverse societies together by enabling...

   • Author: Chapurukha Kusimba

4. www.investopedia.com › articles › 07The History of Money: Bartering to Banknotes to Bitcoin

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   Apr 2, 2024 · Andrew Beattie. Updated April 02, 2024. Reviewed by Caitlin Clarke. Fact checked by. Suzanne Kvilhaug. Part of the Series. Financial Literacy for Children. The terms money and currency are often...

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     The REAL History of Money

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     Finance: The History of Money (combined)

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6. theconversation.com › where-did-money-come-from-229481Where did money come from? - The Conversation

   theconversation.com › where-did-money-come-from-229481

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   May 13, 2024 · The theory that money emerged naturally in the private sector encourages people to believe that free markets are natural systems in which governments only interfere. But in truth, early ...

   • Author: Steven Hail

7. plato.stanford.edu › entries › money-financePhilosophy of Money and Finance - Stanford Encyclopedia of ...

   plato.stanford.edu › entries › money-finance

   Nov 2, 2018 · Two competing theories present fundamentally different ontologies of money. The commodity theory of money: A classic theory, which goes back all the way to Aristotle (Politics, 1255b–1256b), holds that money is a kind of commodity that fulfills three functions: it serves as (i) a medium of exchange, (ii) a unit of account, and (iii) a store ...

   • Author: Boudewijn de Bruin, Lisa Maria Herzog, Martin O'Neill, Joakim Sandberg

   • Publish Year: 2018

8. www.sciencenews.org › article › money-ancientThe origins of money are murky and mysterious | Science News

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   Jul 29, 2018 · By Bruce Bower. July 29, 2018 at 8:00 am. Wherever you go, money talks. And it has for a long time. Sadly, though, money has been mum about its origins. For such a central element of our lives,...

9. historycooperative.org › the-history-of-moneyHistory of Money: Discovery and Evolution of Money

   historycooperative.org › the-history-of-money

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   Nov 14, 2022 · The origins of money can be traced back to the early stages of human development when primitive societies relied on a barter system to exchange goods and services. As civilizations advanced and societies became more complex, the need for a more efficient and standardized medium of exchange became apparent.