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Money, Barter,Credit
Social Studies
| Question | Answer |
|---|---|
| Currency which includes coins and paper bills. A medium exchange. | Money |
| Was used as money. Few people had coins and paper bills. This could be used to pay for goods and services. | tobacco |
| Trading or exchanging goods or services without using money. | Barter |
| buying a good or service now and paying for it later | credit |
| owning another person a good or service | debt |
| money put away to save or spend at a later time | savings |