Serena works for a shoemaker in a small shop,doing a variety of tasks.At the end of the week,the shoemaker offers her a choice: She can be paid with cash,or with her choice of a pair of shoes.Serena chooses cash,which confirms Georg Simmel's theory that says ________ is part of a historical evolution of economy that has many advantages.

Question

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Depersonalized exchange refers to the use of money as a medium of exchange instead of bartering or in-kind payment, which allows for more efficient and neutral transactions. Serena choosing cash over a pair of shoes exemplifies the use of depersonalized exchange in modern economies.

Serena Works for a Shoemaker in a Small Shop,doing a Variety