Any economic system in which money is not only used occasionally, on a case-by-case basis, but is a decisive factor in determining the economic process as an organizational means of the economy based on the division of labor. This presupposes that the economy is money-based: that all acts of exchange – and economic actions as a whole – are expressed in money. – See initial fact, economic, money abolition, money functions, money, moral, money abolition, money calculability, money sector, money pride, money purpose.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/