The first option seems to me like the correct one.
DO you have answer choices for it or is it fill in the blank?
After George W. Bush was successfully reelected
as president of the U.S. in 2004, he chose fundamental Social Security reform
as his top domestic priority. The idea of PRIVATE ACCOUNTS was at
the heart of President George W. Bush's 2005 plan for social security reform.
Answer:
1. They needed a fair way to trade with other regions.
2. They used to trade with goods but that way of bartering became very confusing, so they created a currency to simplify this.
3. This use of currency could save time and energy for citizens who used to have to lug around heavy carts full of livestock or luggage.
4. The Ancient Phoenicians culture was based around the bartering and trade system. While this was fine for the time being the Phoenicians soon had a need for a modernized value. This is where the coin was brought into play which created a needed symbol of hard work and time spent.
Explanation:
Hope this helped you out and good luck with your studies! :)