Practicing Success
In the old times, before paper and coin currency came into being, which of the following objects served as money? |
Paw of tiger Teeth of whale Gold All of the above. |
All of the above. |
The difficulties of barter system were overcome by the introduction of money. In the olden times, before paper and coin currency came into being, rare objects with very high intrinsic value served as money, like, flintstones, obsidian, cowrie shells, tigers paws, whales teeth, dogs teeth, skins, furs, cattle, rice, peppercorns, salt, small tools, copper, silver and gold. |