I’m studying and need help with a Economics question to help me learn.
General purpose money is used for most transactions in our society. How is the act of purchasing an object with money different from trading or gift-giving in terms of the social and personal connections involved? Would an alternative like the Ithaca HOURs System (Links to an external site.) be beneficial to your community?
Remember to put your response in the context of this week’s readings and their analysis of economic systems and forms of exchange.