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Topic: History
Number of pages / Number of words: 4 / 858
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No one invented money, it simply developed. People who wanted to exchange something found that it was sometimes difficult to find someone who had exactly what they wanted and who at the same time wanted exactly what they had to exchange. In order to make exchanges easier, the circle of exchanges widened from two parties to three or more...


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In order to make exchanges easier, the circle of exchanges widened from two parties to three or more. A had what B wanted; B had what C wanted; C had what A wanted. In this way, indirect ex­changes began to develop. Over a period of time, specialized goods that were more difficult to trade were exchanged for goods that were more easily marketed...


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