Money, banks & investments
Feb 04, 2022
4 minutes
EDITED BY SANDRA VISSER
TODAY we can’t imagine the world without money. How would we buy things or pay for services? Before people used money, they bartered – traded the things they had for the things they wanted. For example, one person might have a chicken and could exchange it with someone who had bread.
But bartering isn’t always simple because each person has to agree that the things being traded have the same value. So the idea of money was invented to make the system easier and faster.
WHAT IS MONEY?
Money can be as long as One of the earliest forms of money was , which were first used around 1200 BC in China. They were useful as a form of money as they.
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