HISTORY
THE ANCIENT MIDDLE EAST AND EGYPT 3200 BC500 BC
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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money economy
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economic system in which goods or services are paid for through the exchange of a token of an agreed value
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in the Jewish tradition, the binding agreement God made with Abraham
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chief minister who supervised the business of government in ancient Egypt
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stepped platform thought to have been topped by a temple dedicated to city-state’s chief god or goddess
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Explanation:
Detailed explanation-1: -The primary difference between barter and currency systems is that a currency system uses an agreed-upon form of paper or coin money as an exchange system rather than directly trading goods and services through bartering.
Detailed explanation-2: -In trade, barter (derived from baretor) is a system of exchange in which participants in a transaction directly exchange goods or services for other goods or services without using a medium of exchange, such as money.
There is 1 question to complete.