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Essay's paper info
| Topic: |
Technology
|
| Number of pages / Number of words: |
6 / 1593 |
Essay's paper body
The first market economies used barter as a means of exchange where one person made a pair of shoes and exchanged those shoes for a spear made by someone else. Barter has limitations. It is impossible to trade 1,000 pairs of shoes to a car maker for a car because the carmaker does not want or need 1,000 pairs of shoes...
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A middle man can buy large lots of shoes and resell them to many stores for a profit. The shoe maker and the middleman can then afford to buy a car when there is money involved in the exchange. Companies can manufacture goods in hopes of selling those products but most companies hire salespeople. It is the job of salespersons to advertise the goods and services so that consumers know the product is available...
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General points of the essay
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