Module 1 · Lesson 1 · 7 min

The Problem Money Solves

What you'll be able to do

  • Explain the "double coincidence of wants" and why it makes direct trade slow.
  • Name the three jobs money does and give an everyday example of each.
  • Explain why money only works while people trust it, using a real example.

Sign in to keep reading. It is free.

Stage 1, Foundations, is free with your email. We send you a sign-in link; there is no password.

Sign in with email