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Trade
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Why barter trade is ineffective?
Because the goods doesn't have the same value.
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Do we still trade using barter system?
No
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What is the difference between trade and barter?
Money
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What is the meaning of trade?
Buying and selling goods and services using money.
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Why people invented money?
Because it has fixed value.
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Trade is exchanging goods for other goods without using money.
False
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Who invented paper money?
Chinese
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Why paper money is invented?
Answers are correct
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what are these? and what are they used for?
Cowrie shells, it used as money to buy goods and services.
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