February 2020
Beginner
621 pages
19h 34m
English
People have always had a need to engage in trade in order to acquire items that they do not have. The history of commerce has evolved from the ancient model of barter and exchange to notions of promises and early forms of credit (“If you give me bread today, then I’ll give you milk in the future”), to the use of currencies and cash, to the merging of currencies and credit in the form of credit cards. All of these have changed over time, and recent shifts toward conducting transactions electronically have forced these technologies to evolve significantly.
Perhaps the most dominant way in which electronic transactions take place is with the use of credit cards. We are all familiar with making purchases ...
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