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OpenStudy (anonymous):

Societies did not develop monetary commodity systems until the mid-nineteenth century.

OpenStudy (anonymous):

False. Gold, for example, existed well before then.

OpenStudy (acarpenter2):

Yes, but i think he is talking about paper money

OpenStudy (anonymous):

Paper money existed in 7th century China.

OpenStudy (acarpenter2):

ok, that is true

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