Long ago, people didn’t use coins or paper money, they bartered. That means if you wanted a cow, you might trade your goat for it. But over time, things changed. People used shells, salt, and even clay to pay for goods. Eventually, we got coins and paper money that everyone could use easily.
Examples
- Today, you can pay with a phone instead of cash.
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See also
- Why Do We Have Different Kinds of Taxes?
- Why Do Prices Change So Much?
- Why Do We Use Money Instead of Bartering?
- Why Do Prices Go Up So Much When There's a Shortage?
- Why Do We Have Different Kinds of Coins?
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Categories: Economics · money,history of economics,currency