Social Sciences, asked by jasbirguraya7, 6 months ago

journey of money explain​

Answers

Answered by kaurhimanshi1313
1

Answer:

Money allows people to trade goods and services indirectly, communicate the price of goods, and it provides individuals with a way to store their wealth over the long-term. Before money, people acquired and exchanged goods through a system of bartering, which involves the direct trade of goods and services.

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Answered by speechlessmirror85
1

Answer:

  • At the dawn of humanity, bartering was used in lieu of money to buy goods. As early man began to rear domestic livestock, one of the earliest forms of barter included cattle, sheep, as well as vegetables and grain. The first known currency was created by King Alyattes in Lydia, now part of Turkey, in 600BC.

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