Question

what is the most important commodity? in the lesson money and credits​

Answer 1

Explanation:

There are four main characteristics of commodity money – it's durable, divisible, easily exchangeable, and rare.

Commodity money is money whose value comes from a commodity of which it is made. ... Examples of commodities that have been used as media of exchange include gold, silver, copper, salt, peppercorns, tea, decorated belts, shells, alcohol, cigarettes, silk, candy, nails, cocoa beans, cowries and barley.

Answer 2

Answer:

Gold, silver, cowrie shells, cigarettes, and even cocoa beans have been used as money. These items are examples of commodity money, which means they also have a value from use as something other than money. Gold, for example, has been used throughout the ages as jewelry or art, as well as money.