what answered the need of mankind?
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No this atleast they ask to much but not undeterred
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Money came into existence to answer a need of mankind.
- This money came into existence until civilization had grown.
- In the primitive stages man lives by hunting they hunt animals for their survival and for their family.
- After this stage there was also a medium of exchange known as a barter system.
- In this system goods were exchanged for other goods and had many drawbacks.
- This arose the need for money as the goods of high value were exchanged with the goods of low value.
- The need for money arose when civilization came.
- As nowadays anything can be purchased with the help of money.
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