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Exchange (1.4)

AB
exchangeconsumers and producers agree to provide one item for another.
barterexchanging one set of goods for another.
moneyAny item accepted that is readily available.
creditAllows consumers to use items before completing payment.
valueamount of money, or price
utilityproduct or service is useful
self-sufficiencyPeople or societies can fulfill all their needs without outside assistance.
interdependenceevents or developments in one region influences event in other regions.


Marion Jr. Sr. High School
Marion, NY

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