How did the development of coined money change trade

Question

How did the introduction of coined money transform trade practices throughout history?

Anonymous · Accepted Answer

It was easier to carry than farm animals and metals. it was also more helpful to keep track of profits made

Anonymous · Answer

The development of coined money allowed people to buy and sell goods in a wider market.Option: CExplanation:The business or trade get influenced by the introduction of coined money. Money uses two forms: coin and notes. It came after barter system and make more easier the trade system and business policies. Though it is difficult to find the history of transformation from barter system to monetary system. As it was introduced to the whole world it expands the market and open the way before people to move all over the globe for trading purpose and make the accounting system more feasible to buyer and seller. Public and the traders both got wider market to customize their products.

Anonymous · Answer

Fairly sure the answer is: It allowed people to buy and sell goods in a wider market.Think about it: without coins, people had to barter with mostly short-term goods, but coins held value over time and most people would accept it as payment. However, if you had to use, say, carrots, the guy you're trying to buy lettuce from may not need/want carrots, but he can use those coins to buy what he DOES need.Hope I helped!

Dulce Torphy II · Answer

It allowed people to buy and sell goods in a wider market is how did  the development of coined money change trade and that is the best answer all otehr three are false

Larue Gibson PhD · Answer

Well, the earlier trade systems were based off of a bartering system, and coins were definitely more convenient. Coins also gave territorial sovereignty and authority.

Anonymous · Answer

The answer is It allowed people to buy and sell goods in a wider market.Explanation: I know because I took the test.

Anonymous

How did the development of coined money change trade

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