subject
Business, 20.12.2019 05:31 alesyabursevich

There are three types of economic exchange in ancient societies:
reciprocity, redistribution, and market exchange.
the oldest is reciprocity.
reciprocity is the exchange of one good or service for one of the same value.
redistribution involves collecting goods and then redistributing them as those in charge of the society decides is best for the society.
the market exchange economy involves buying and selling goods and services with actual money.
the price of items and services are determined by supply and demand.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 14:00
In the context of your career choice, your own business skills cannot influence the level of your personal financial success. a. true b. false
Answers: 2
question
Business, 21.06.2019 18:00
You want to make an investment in a continuously compounding account over a period of two years. what interest rate is required for your investment to double in that time period? round the logarithm value and the answer to the nearest tenth.
Answers: 3
question
Business, 21.06.2019 23:30
Which type of market are you in if your company, along with three other companies, controls 95 percent of the total music industry?
Answers: 3
question
Business, 22.06.2019 03:00
Which of the following is an effective strategy when interest rates are falling? a. use long-term loans to take advantage of current low rates. b. use short-term loans to take advantage of lower rates when you refinance a loan. c. deposit to a short-term savings instrumentals to take advantage of higher interest rates when they mature. d.select short-term savings instruments to lock in earnings at a current high rates.
Answers: 1
You know the right answer?
There are three types of economic exchange in ancient societies:
reciprocity, redistribution...
Questions
Questions on the website: 13722365