Question

Before the evolution of money, commodities are exchanged for commodities. In such situations, how would people have maintained their accounts?

Answer 1

Answer:

3000 BC

As early as 3000 BC, the Mesopotamia circa had started using commodity money. The Mesopotamian shekel was a unit of weight, and relied on the mass of something like 160 grains of barley. Some societies in the Americas, Asia, Africa, and Australia used cowry shells.

Answer 2

Answer:

3000 BC

As early as 3000 BC, the Mesopotamia circa had started using commodity money. The Mesopotamian shekel was a unit of weight, and relied on the mass of something like 160 grains of barley. Some societies in the Americas, Asia, Africa, and Australia used cowry shells.

Answer 3

Answer:

3000 BC

As early as 3000 BC, the Mesopotamia circa had started using commodity money. The Mesopotamian shekel was a unit of weight, and relied on the mass of something like 160 grains of barley. Some societies in the Americas, Asia, Africa, and Australia used cowry shells.