A transaction is an exchange of value, such as a purchase, a sale, or the conversion of raw materials into a finished product.

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A transaction typically involves the exchange of value, which can take various forms such as money, goods, services, or even cryptocurrency. Examples of transactions include buying a product from a store, selling a house, or converting iron ore into steel. Transactions are fundamental to economic activity, as they enable individuals and businesses to trade and allocate resources efficiently.

A Transaction Is an Exchange of Value, Such as a Purchase