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Essay / Research Paper Abstract
5 pages in length. Money, a form of tradable currency and universal article for bartering, is critical to establishing and maintaining a healthy market economy; without its influence, the modern market as we know it would not exist. The fundamental purpose of money is to provide a means by which people can obtain commodities in exchange for currency. While bartering for goods and services has existed since mankind's first trade, the introduction of money proved to establish an entirely new – and some say corrupted – system of exchange. The growing dependency upon money and its inherent economic power has caused society to become unbalanced with regard to distribution, creating a sharp distinction between and among social classes. Bibliography lists 5 sources.
Page Count:
5 pages (~225 words per page)
File: LM1_TLCmoney.rtf
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Unformatted sample text from the term paper:
people can obtain commodities in exchange for currency. While bartering for goods and services has existed since mankinds first trade, the introduction of money proved to establish an entirely
new - and some say corrupted - system of exchange. The growing dependency upon money and its inherent economic power has caused society to become unbalanced with regard to
distribution, creating a sharp distinction between and among social classes. Bibliography lists 5 sources. TLCmoney.rtf MONEYS ROLE IN A MODERN MARKET ECONOMY by Lori
S. Mohr-Corrigan (c) November 2001 paper properly! Money, a form of tradable currency and "common article for bartering" (Merriam-Webster, 1998,
p. PG), is critical to establishing and maintaining a healthy market economy; without its influence, the modern market as we know it would not exist. The fundamental purpose of
money is to provide a means by which people can obtain commodities in exchange for currency. While bartering for goods and services has existed since mankinds first trade, the
introduction of money proved to establish an entirely new - and some say corrupted - system of exchange. The growing dependency upon money and its inherent economic power has
caused society to become unbalanced with regard to distribution, creating a sharp distinction between and among social classes. With a very
small portion of the population controlling the majority of the concentrated economic power, it is no wonder that ordinary citizens find it exceedingly difficult to exert control over their lives.
Money does, indeed, make the world go around; without its influential benefit, a preponderance of the population continues to find themselves pawns to those who flaunt its power.
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