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VARIACIONES MONETARIAS, IMPULSO URBANO Y SALARIOS EN SANTIAGO EN LA SEGUNDA MITAD DEL SIGLO XVIII

DOI: 10.4067/S0717-71942012000100004

Keywords: minting, small change, wages, santiago, city, market.

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Abstract:

the object of this article is to illustrate that during the second half of the eighteenth century monetary circulation was much more active in santiago than had been previously thought. to that end minting levels have been analyzed especially the volume of small change as this was the currency that circulated in the daily market and was used to fix the price of foodstuffs as well as to pay daily wages in the city of santiago during the late eighteenth and the early nineteenth century. this means that common people knew about and used money in their daily transactions and also implies that the chilean economy was growing and forming a market of its own.

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