Accountancy, asked by boparailucky, 1 year ago

People began exchanging items that had no real value, but had only ____________ value.
1 point
Symbolic
Exchange
Barter

Answers

Answered by itscutipie0
3

Answer:

exchange is the answer according to me

Explanation:

hope that it's helpful

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Answered by DevendraLal
0

In this question, we need to choose the correct option.

  • People began exchanging items that had no real value.
  • Option D is the correct answer i.e. Barter.
  • A barter is a transaction in which two or more parties exchange products or services without exchanging cash or other forms of payment like credit cards.
  • In its simplest form, bartering entails the exchange of one party's good or service for another party's good or service.
  • It is the first type of trade.
  • Based on comparable assessments of prices and items, people and businesses exchange goods and services.
  • Exchange value is one of the four key characteristics of a commodity, which is a good or service created for and offered for sale on the market. Price, economic value, and usage value round out the other three factors.
  • As a result, a commodity has a value that is reflected by the amount of socially required labor it took to generate it.
  • A utility or use value, a commodity's ability to be swapped for other commodities, or its exchange value a cost

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