Is it true that societies did not develop monetary commodity systems until the mid-nineteenth century

1 answer:

6 0

FALSE. S<span>ocieties developed monetary commodity systems way before the mid-nineteenth century.

Monetary commodity systems or commodity money systems refers to precious metals and other commodities that have intrinsic or natural value. Examples of these commodities are gold and silver which were formed into coins and used to pay off goods bought and services rendered. </span>

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