how have markets and the methods of exchange changed over time
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the trade in markets has seen a drastic change which is only due to the rapid urbanisation of the world.in the past people brought animals,ropes and other handicrafts to buy their own needs but presently the trade has been transformed into the borrowing and lending money (currency) to complete needs
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Before batter trade was used where there is exchange of goods for other goods and services. but over time money was invented and most exchange use money.
Explanation:
Although money was known many people did not have the knowledge on how to use thus for many years people practiced barter trade to get what one needed .Batter trade was done in market .
An individual comes with ten tea pots and exchanges it with a bale of cotton .However as the method of exchange evolved money was used and to get a certain good one needed to buy an item.
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