Question: The anthropologist David Graeber offers another perspective in chapter 2 of his book Debt the First 5000 years. 4. How does Graeber argue people got

The anthropologist David Graeber offers another perspective in chapter 2 of his book "Debt the First 5000 years".

4. How does Graeber argue people got around the "double coincidence of wants" before money?

5. In what ways is a "barter" economy without money different than a "credit" economy without money?

6. Towards the end of the chapter Graeber offers a theory of the creation of money in ancient Sumer. Describe why and how money was used in ancient Sumer.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!