Question: This is my homework: While watching Stalag 17 , consider the unconventional form of money that was being used, namely cigarettes. Describe how cigarettes addressed

This is my homework:

While watchingStalag 17, consider the unconventional form of money that was being used, namely cigarettes. Describe how cigarettes addressed each of the 3 functions of money. What function were cigarettes best and worst at satisfying? Has there ever been a situation where you have used a nonconventional form of money? Use the Radford article to support your position.

This is my answer, would you please improve my answer or check if I answer correctly:

I was earing and watching the Stalag 17, it was difficult to understand, but in the end, I found that are selling schnapps at two cigarettes a shot.And a half bar of chocolate a peek.

The most convincing single example cited by proponents of the view that money is a commodity is the well-known use of cigarettes as "money" by Allied prisoners of war in Germany during World War II.

I don't remember a situation in my life to do something similar. But At the Fiesta or Kermes that we had in our parish, we used tickets or token is count as money. The people or each individual bought token or tickets to being exchange for food, game, or prizes.

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 Economics Questions!