Think of playing yourself as a prisoner of war in the world of Stalag 17, where cigarettes
Question:
In this unusual universe, cigarettes fulfill three essential roles as currency. They serve as the primary means of exchange. You can exchange them for necessities like more food or clothing. Comparable to visiting a flea market, where you barter and trade items you already own for things you want. Your negotiating chips are cigarettes, which enable transactions.
Second, cigarettes are now your basis for measurement. You assess the value of products in cigarettes just like you would in a store when you inspect the price tags. You may be thinking, "That magazine is worth five cigarettes, but I only have three left." It's a way to maintain tabs on the prices of everything in this particular market.
Finally, they act as a kind of value store. Imagine stockpiling a few cigarettes for a time when you're in a pinch or when something truly wonderful happens, like a letter from home. It is comparable to saving money for a rainy day in your savings account. Cigarettes aren't ideal for this, though, as they can be lost or consumed.
In my personal life, I've witnessed a similar incident take place during school hours. Although we lacked actual money, we used stationery or trade cards to construct our own form of money. It served as a means of bartering for treats like snacks or even schoolwork assistance. It's amazing how human beings can adapt and design their own value and trade systems even in the absence of conventional money. The Radford article emphasizes that money is simply a shared agreement about value and exchange and demonstrates how resourceful individuals can be in difficult situations.
Infants and Children Prenatal through Middle Childhood
ISBN: 978-0134035642
8th edition
Authors: Laura E. Berk, Adena B. Meyers