Without an accepted medium of exchange, people
A)have to specialize in one area of production.
B)have to rely on gold or silver in order to exchange goods and services.
C)have to resort to barter in order to exchange goods and services.
D)can efficiently obtain goods and services.

Question

Quizplus · Accepted Answer

Without an accepted medium of exchange, people have to resort to barter in order to exchange goods and services. This can be inefficient and complicated, as it requires finding someone who has exactly what you want and wants exactly what you have to offer in exchange.

Without an Accepted Medium of Exchange, People