Money and Credit on the American Frontier PDF
By:Michael J. Douma
Published on 2018 by
This case, set on the American frontier in the 1840s, concerns a village store that issued credit to local customers. Like archaeologist-detectives, we can interpret an archival note that suggests that customers could exchange credit at the store. This case demonstrates the ingenuity of entrepreneurial social groups faced with a shortage of hard currency. It helps us question the nature of money, how credit is issued, the importance of social capital for developing financial capital, and the benefits and drawbacks of various early financial instruments. Lessons from the store that acted like a bank can be applied in the present day, as questions about digital currencies arise.
This Book was ranked at 40 by Google Books for keyword Digital Currencies.
Book ID of Money and Credit on the American Frontier's Books is BznNuQEACAAJ, Book which was written byMichael J. Doumahave ETAG "hmBJIPAOdYs"
Book which was published by since 2018 have ISBNs, ISBN 13 Code is 9781526461223 and ISBN 10 Code is 1526461226
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