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Oswald Hills

Feb 20, 2025

How did the development of coined money change trade

How did the development of coined money change trade

6 Answers

It was easier to carry than farm animals and metals. it was also more helpful to keep track of profits made... Show More
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.... Show More
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!... Show More
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... Show More
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.... Show More
The answer is It allowed people to buy and sell goods in a wider market.Explanation: I know because I took the test.... Show More

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