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Book Reports
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3 / 576 |
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Money comes in at this stage.
b) Producers that make a surplus hope to trade/exchange their surplus for what they need or want.
c) Specialisation and interdependence both ultimately lead to a need for a system of exchange. This is because with specialisation and interdependence both require people to produce a surplus to attain their additional needs and wants/goods and services...
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This is because with specialisation and interdependence both require people to produce a surplus to attain their additional needs and wants/goods and services. This is where a system of exchange comes in- you need something to trade your surplus products with don't you? An example is a community in which each person specialises and is interdependent...
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