Answered

IDNLearn.com helps you find the answers you need quickly and efficiently. Join our knowledgeable community and get detailed, reliable answers to all your questions.

Why did merchants decide to use money instead of bartering? A. Money was easier to carry and handle than goods. B. Money was accepted anywhere and could be used again. C. It was difficult to exchange the exact value of goods in barter. D. All of the above are true.

Sagot :

HeyDBidn
The answer is D. All of the above are true.

Answer;

All of the above

  • Money was easier to carry and handle than goods.  
  • Money was accepted anywhere and could be used again.
  • It was difficult to exchange the exact value of goods in barter.

Explanation;

-Barter trade was a long time ago trade in which people traded for what they wanted.

-Sometimes, it was hard for people to put a barter price on things. Instead of barter, people began to use money as a form of payment.

-People soon learned that although many things would work as money, to be useful, the item or items they chose to use as money had to follow a few simple rules:-

  • It had to be accepted as money by others
  • It had to have an assigned value or worth
  • It had to be easy to carry
  • It had to be made of a strong material, something that could be handed from person to person.
We are happy to have you as part of our community. Keep asking, answering, and sharing your insights. Together, we can create a valuable knowledge resource. IDNLearn.com is your source for precise answers. Thank you for visiting, and we look forward to helping you again soon.