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What Is An Example Of Commodity Money. Commodity money is a form of money that has an intrinsic value, meaning it is worth something in its own right rather than simply being a token of financial Something that serves as commodity money only has to have value in itself, rather than being of use to the bearer. I would say b. precious stones Example of commodities that have been used as mediums of exchange include gold, silver, copper, salt, peppercorns, tea, large stones (such as Rai stones), decorated belts, shells, alcohol, cigarettes, cannabis, candy, cocoa beans, cowries and barley.
The first known form of money was commodity money, which has been used in countless civilizations throughout time.
But the value is on the.
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Commodity money is, for example, a. Representative Money- money that represents the value of something else, but has little to no value of its own. Commodity money is money whose value comes from a commodity out of which it is made.