The first step in the evolution of money involved the use of _____.
A)physical commodities
B)barter
C)pieces of paper representing claims on physical commodities
D)pieces of paper with no intrinsic value
E)electronic entries representing claims on pieces of paper with no intrinsic value

Question

Quizplus · Accepted Answer

The use of barter, where goods and services were exchanged directly for other goods and services, was the first step in the evolution of money before the development of any physical or paper currency.

The First Step in the Evolution of Money Involved the Use