Homework - Economic Systems Name
_________________________
1. What do the
people of market economies use as a means of exchange and why?
2. List and
describe the two types of money used in market and non-market economies. Give two examples of each.
3. Describe the
three systems of exchange in non-market economies.
4. What is the
definition of reciprocity?
5. Name,
describe and give three examples of Gift exchanges.
6. Define
redistributive exchanges.
7. Give two examples
of redistributive exchanges.
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