2. Animal used as medium of exchange ________ .
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In the earliest period of the history of human culture, all exchange was by barter i.e., the exchange of one article for another.
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Domestic animals like cows, sheep, goats, etc were used as money. Cattle occupy a place of pride as wealth. ... This form of money existed during the village economy stage. Any commodity that was generally demanded was chosen by common consent as a medium of exchange
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