In POW camps during World War II, nearly everything was traded for cigarettes. For example, one bar of soap cost two cigarettes, and two candy bars cost four cigarettes. During the time of the POW camps, cigarettes:

Question

Quizplus · Accepted Answer

Cigarettes functioned as money in POW camps because they were used as a unit of account (prices were denoted in cigarettes), a medium of exchange (goods and services were traded for cigarettes), and a store of wealth (cigarettes could be saved and used for transactions later), fulfilling the key roles of money even without government backing or controlled supply.

In POW Camps During World War II, Nearly Everything Was