Question

Which best describes the use of coined money in ancient economies?

Answer 1

Answer:

The correct answer is A. In ancient economies, coined money was less popular than bartering.

Explanation:

In the economies of ancient civilizations, the use of money was not as widespread as it is today. In effect, currency was a unit of value that, at that time, was used specifically for larger operations, while the remaining economic operations were carried out through the exchange of the different merchandise produced by the different social and family groups. Thus, for example, the peasant offered his grains in exchange for milk, which was produced by the cattle rancher's cows. In this way, society guaranteed its subsistence through the exchange of production within it.