(a) Barter system prevailed.
(b) Money was not used for buying and selling.
(c) Having gold and silver was considered unproductive wealth as it could not be used to make more wealth.
(d) The more land a person had the more wealthy he was considered.
(a) Money is used for all business transactions.
(b) Wealth is used and invested to make maximum profits. Such wealth is termed as capital.
(c) Money, not land, is the criteria for measuring a man’s wealth.
(d) Factory system of production prevails, unlike the domestic system of feudal times.