When people in a barter economy began to accept the good that had greater acceptability than all other goods,they weren't trying to create the institution of money.They were simply trying to __________.

Question

Quizplus · Accepted Answer

The statement indicates that when people began accepting a particular good with greater acceptability than all other goods, it was for the purpose of making trading easier for themselves. This implies that they were trying to establish a more efficient system for exchanging goods, which is consistent with the development of a medium of exchange, such as money. The other choices (A, B, D, and E) are not supported by the information given in the statement.

When People in a Barter Economy Began to Accept the Good