Why did merchants decide to use money instead of bartering?

Question

Responses

Money was easier to carry and handle than goods.

Money was easier to carry and handle than goods.

Money was accepted anywhere and could be used again.

Money was accepted anywhere and could be used again.

It was difficult to exchange the exact value of goods in barter.

It was difficult to exchange the exact value of goods in barter.

all of the above

Answer 1

All of the above.

Merchants decided to use money instead of bartering for several reasons:

1. Money was easier to carry and handle than goods.
2. Money was accepted anywhere and could be used again.
3. It was difficult to exchange the exact value of goods in barter.

All these factors contributed to the adoption of money as a more efficient medium of exchange compared to direct bartering.