3 years ago

How did the development of currency change trade?

1 answer:

max2010maxim [7]3 years ago

8 0

Answer:

Money allows people to trade goods and services indirectly. In a barter economy, a buyer must find a seller in search of the exact goods that he/she has to offer. With the gold standard, the money supply would be tied to the amount of gold the country possessed, and a restricted money supply could impede economic growth.

Explanation:

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