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3.1.1 Money

Unit 3.1.1 - MoneyThis section of the Cambridge IGCSE Economics (0455) syllabus requires students to understand the forms, functions, and characteristics of money.Money is any commodity that is extensively used and accepted as a medium of exchange (or means of payment) for the purchase of goods and services. In the past, money has included commodities such as cloth, grain, livestock, metals, precious stones, salt, and...

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