History Middle School

Features of bartering and monetary exchange in ancient China
I NEED ONE MORE FEATURE

Answers

Answer 1

Answer:

The ancient Chinese invented many aspects of money and economics used today. They minted the first coins and printed the first paper money in history, and they were pioneers of the concept of taxation. Additionally, their trade network, the Silk Road, made the country very rich by connecting buyers and sellers.

what did they use for currency:

In ancient China, coins were used as currency instead of paper money. Ancient coins were mainly made of copper, iron, gold and silver with different shapes, weight and marks. Ancient coins played an important role in archaeology, as well as exploring the history of commercial and economy in ancient China.

Answer 2

Bartering was the trade-off of services and goods without the use of actual money. The bartering and the monetary exchange included copper and paper money.

What is money or currency?

Money or currency is the mode of economic exchange that is used to sell and buy goods and services. In ancient China coins and paper, currencies were introduced.

Instead of papers the copper coins were used as currencies and were also made of gold, iron, and silver. The coins of different prices had different shapes, sizes, and markings.

Therefore, the currencies were of great importance.

Learn more about the monetary exchange here:

https://brainly.com/question/12069448

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