The origins of money: Calculation of similarity indexes demonstrates the earliest development of commodity money in prehistoric Central Europe

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Though trade and barter have been traced back to ancient times, money’s origin is still debatable. Researchers have tried to prove that commodity money first started as perceptive weight equivalence came into the picture. They studied 5028 Early Bronze Age rings and other objects from Central Europe and found that 70.35% of the rings were almost identical, making them interchangeable. Read full article here

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