Evolution of Money pt.2
A LITTLE STEP FURTHER After centuries of bartering man finally took a little step further. There was literally no sophistication to this evolution, it was just a quick fix to the bartering system and its lapses. Man first defined money as value, in taking a step further, they saw the need for it to be a medium of exchange, and an agreement between a group of people to bequeath value to. This gave rise to what was known as commodity money, it started out as a communal money - used within a given