With the emergence of specialization, ____ was necessary.
A) exchange
B) production
C) labor
D) self-sufficiency
E) fiat money
Correct Answer:
Verified
Q1: Exchange is necessary in an economy if:
A)output
Q3: Barter was more feasible in primitive societies
Q4: Which of the following statements is true
Q9: Specialization of labor means that:
A)production requires a
Q12: The first step in the evolution of
Q16: Specialization of labor means that _
A) production
Q17: The greater the degree of specialization in
Q21: The unit of account function of money
Q35: Which of the following was the earliest
Q36: Commodity money is something:
A)that has no intrinsic
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