Money has to be money all the time
In the ancient world, which of the following was currency?
- Potato masher
Each goods has different values.
Therefore, currency should have to have equal unit and value.
Today, we have coins and paper money in our daily lives.
However, in the ancient world, many different kinds of goods were used as currency; shells, knives or salt were used as money. In some countries, people used snakes, jewellery, and even potato mashers! in West part of Africa.
It was not convenient because every time they had to measure weights or size.
Instead, people started to use metals such as gold and silver because it was easy to produce and it could value with small amounts.
Later on coins started to be produced because all are the same quality and easy to count.
After that people started to use bills because it is not heavy.