Economy, asked by varshadevaraj068, 22 days ago

The receipt of goldsmiths became​

Answers

Answered by moumitamaiti936
6

Answer:

A Historical Perspective: Goldsmiths

After a time, these receipts themselves, rather than the gold that they represented, began to be traded for goods. The receipts became a form of paper money, making it unnecessary to go to the goldsmith to withdraw gold for a transaction.

Answered by ImpressAgreeable4985
3

Answer:

A Historical Perspective: Goldsmiths

Explanation:

After a time, these receipts themselves, rather than the gold that they represented, began to be traded for goods. The receipts became a form of paper money, making it unnecessary to go to the goldsmith to withdraw gold for a transaction.

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