The origins of money

Journal of Money, Credit and Banking • Vol/Iss. 9 • Published In 1977 • Pages: 391-409 •

By Pryor, Frederic L.

Abstract

This article examines the origin of money. Anthropologists’ and economists’ theories are discussed and data supports a broad hypothesis that the existence of money is associated with level of economic development. The author further examines the emergence of internal, external, commercial and noncommercial moneys at high and low levels of economic development.

Hypotheses (3)
Hypothesis	Supported
The use of money will be positively associated with level of economic development (398).	Supported
An association between extensive trade and money is more likely to be found in external commercial transactions than in internal commercial transactions (407).	Supported
External and internal commercial money most likely emerged before noncommercial money (407).	Not Supported

Documents and Hypotheses Filed By: Kate Cummings Amelia Piazza

The origins of money

Journal of Money, Credit and Banking • Vol/Iss. 9 • Published In 1977 • Pages: 391-409 • Cite

By Pryor, Frederic L.

Abstract

Hypotheses (3)

Journal of Money, Credit and Banking • Vol/Iss. 9 • Published In 1977 • Pages: 391-409 •