Early forms of colonial money included
A) wampum.
B) tobacco.
C) furs and hides.
D) musket balls.
E) All of the above.

Question

Quizplus · Accepted Answer

Early forms of colonial money varied significantly due to the lack of a standardized currency system. Colonists used what was valuable and readily available to them. Wampum, made from shell beads, was used by Native Americans and adopted by colonists. Tobacco was a major cash crop and used as currency, especially in Virginia and Maryland. Furs and hides were valuable for trade and often used as a form of payment. Musket balls, while less commonly known, were also used as currency due to their value and necessity for hunting and defense.

Early Forms of Colonial Money Included