Environmental Sciences, asked by pragatins1908, 5 months ago

How have markets, and the methods of
exchange, changed
over time?

Answers

Answered by itzcrazypie12
13

How have markets, and the methods of

exchange, changed

over time?

Ans :- above attachment......

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Answered by aditikanwadkar
0

Answer:

Before money was invented, people met in a market to barter or exchange goods and services. For example, ten pots could be exchanged for a bale of cotton. But the need was felt for a standard unit of exchange acceptable to all. So money was invented, which is an item that is universally acceptable as a medium of exchange and a means of payment. Similarly, a market used to be just a place of barter or exchange. Over time it has grown in size, number and complexity, consisting of a whole range of activities. These days there are different types of markets. They are weekly markets, neighborhood shops, and supermarkets and malls.

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