Money

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Revision as of 17:36, 26 June 2007 by imported>Anthony Argyriou (add some more basic sentences. will expand later)
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Money is a medium of exchange. More generally, money is a good which is widely accepted in exchange for other goods. Money has arisen spontaneously in most societies, in their prehistory.

Historically, a wide variety of goods have been used as money, including cattle, shells, grain, precious metals, and decorated paper.

Most governments now regulate money.