Question

Explain how Goodwin’s writing supports the definition of money.

Answer 1

Answer:

Explanation below.

Explanation:

It should be understood that money can be described or explained as the thing that is generally or widely accepted by people to be the means of payment for goods and services.

This simply explains that money could be anything, such as stones, paper , wood etc, as long it is accepted by people for payment.

And that is why , Godwin said money could be anything in as much it accepted for transaction.