Why Do We Need ‘Money’ and How Did It Start?

Once, people traded things like fruits and clothes, this was called barter. But it was hard to know what you’d get in return! Then came money, like coins or paper, that everyone agreed had value. It made trading easier and faster. Imagine if your favorite toy could be bought with a simple piece of metal!

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Examples

  1. A farmer trades apples with a baker for bread using coins instead of trading apples directly.
  2. Coins are used to buy candy at a store without needing to trade sweets.
  3. A kid saves up money in a piggy bank to buy a toy later.

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