Evolution of Money

To introduce a standardized unit of value for trade. (correct)

To showcase their wealth and status.

To limit the types of goods that could be traded.

To make trading more complex and challenging.

Difficulty in finding people willing to trade.

Overabundance of goods available for trade.

Lack of interest in exchanging goods.

Lack of consensus on the value of goods. (correct)

Their lack of recognition among various societies.

Their ability to represent equal value. (correct)

Their large size and impracticality.

Their scarcity and rarity.

<p>By providing a standardized unit of value widely accepted and portable.</p> Signup and view all the answers

<p>They had intrinsic value due to the metal content.</p> Signup and view all the answers

<p>By making transactions more transparent and secure.</p> Signup and view all the answers

<p>Introducing new forms like contactless bracelets for payments.</p> Signup and view all the answers