concept   currency
statement   Historical civilizations used precious metals for currency, while modern society relies on fiat money.

3 similar statements
# Concept Culture Statement Freq.
1 currency historical civilizations Relies on fiat money and electronic transactions in modern Western societies 1
2 currency historical civilizations Historically based on precious metals like gold and silver in many ancient civilizations 1
3 monetary value ancient civilizations Monetary value may be less significant compared to the value of goods in barter-based societies or ancient civilizations. 1