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In the past, as today, no society was completely self-sustaining, and money allowed people to interact with other groups.

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Archaeological discoveries like this one illustrate Africa’s integration into trade interactions in the Indian Ocean.

They also show evidence that market economies based on cash money were developing at this time.

Throughout history money has acted as a record, a memory of transactions and interactions.

For instance, medieval Europeans widely used tally sticks as evidence for remembering debt.

First, people bartered, making direct deals between two parties of desirable objects. Its form has evolved over the millennia – from natural objects to coins to paper to digital versions.