Economic Exchange: The history of money

Learn all about the things people traded and bartered before the invention of paper money by clicking on the image below:

Key Terms

MONEY: Money is anything that is accepted by a group of people for the exchange of goods or services; used to measure the value of something; a measure of account

BARTERING: Bartering is when people exchange a good for another good or service

COINAGE: Bartering can be difficult to do, which was why coinage became used as money

BANKS: used as a safe storage and speedy means of transferring vast amounts of cash


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