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- W216010995 abstract "This chapter elaborates about outstanding characteristics of primitive money that it does not necessarily fulfill all the functions which are usually fulfilled by modern money. Even modern money does not necessarily fulfill all the monetary functions. In primitive monetary systems totally different kinds of moneys are used very frequently for standard of value, for medium of exchange and for other purposes. There are a large number of instances in which money serving as the standard of value did not serve any other purposes. During the earliest periods of monetary evolution a medium of barter might assume general acceptability without necessarily becoming a standard of value. An object that performs the function of a medium of exchange and no other functions could be money in contradistinction to all other goods, always provided that it is the sole medium of exchange." @default.
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- W216010995 date "1966-01-01" @default.
- W216010995 modified "2023-09-27" @default.
- W216010995 title "Separation of Functions" @default.
- W216010995 doi "https://doi.org/10.1016/b978-0-08-011679-2.50139-x" @default.
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