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What are some problems that can occur with bartering

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Reference no: EM133077371

1. What items in the past have been used as a medium of exchange?

2. What are some problems that can occur with bartering?

3. Why do gold and silver coins function as a good medium of exchange?

4. How did money affect the economy of ancient Greece?

5. How did the fall of Rome affect trade?

6. Describe how the ancient Chinese economy came to use a paper money system. How does this compare to our own monetary system?

7. Why are prices important?

8. How do the prices of basic items compare from the 1960s to today?

9. What is inflation?

Reference no: EM133077371

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