Question

money acient introduction

Answer 1

The history of money concerns the development of means of carrying out transactions involving a medium of exchange. Money is any clearly identifiable object of value that is generally accepted as payment for goods and services and repayment of debts within a market, or which is legal tender within a country.

Due to the complexities of ancient history (ancient civilizations developing at different paces and not keeping accurate records), and because the true origins of economic systems precede written history, it is impossible to trace the true origin of the invention of money and difficult to trace the transition from a "barter system" to a "monetary system".

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