Anything accepted by a society to purchase goods and services or resources is called:

Name: Anything accepted by a society to purchase goods and services or resources is called:
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Question

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Money is a universally accepted medium of exchange for goods, services or resources in a society. Barter involves trading goods or services without money, while capital refers to assets used in production, and cash is a specific form of money in the form of physical currency or banknotes.

Anything Accepted by a Society to Purchase Goods and Services