|
|
|
|
|
by cyberax
968 days ago
|
|
"Monetary economy" means that it uses money for the exchanges, rather than barter. Most pre-industrial economies were not monetary. Barter economy certainly existed, probably from before the Human Sapiens. But _money_ is a relatively recent invention. |
|
What is the best evidence for this historically? Anthropologists strongly dispute this idea, and believe barter was mostly used for trade between total strangers (e.g. traders from outside your society or "economy")
Graeber's Debt: the first 5000 years covers this topic