How did the kings or rulers of the medieval era accumulate wealth ?
Answers
Answer:
People of ancient times used to exchange products for trades and this system was known as the barter system. There are evidences of barter system since 9000 BC. However, as the trade and business began to increase, ancient people started using Cowrie and Cowry Shells as a means of exchange. Yet, barter system still was prevalent. The first metal coins were founded around 1000 BC and since then, people started acknowledging and enjoying the comforts of coins and currency.
While coins had gained a special place in the market, people still used the ancient method of barter system for simple exchanges. During the medieval period too, people used barter system for various chores while coins were also used as money in the Middle Ages.
Explanation: