Before the advent of currency

in krsuccess •  5 months ago 

Finance, in various forms, has deep roots in human civilization, stretching back thousands of years. Here’s a glimpse into the ancient origins of finance:

Barter System: Before the advent of currency, people engaged in barter, exchanging goods and services directly. While this wasn't finance in the modern sense, it laid the groundwork for later financial systems by establishing the concept of value exchange.

Early Currencies: Around 3000 BCE, various civilizations began using standardized forms of currency, such as coins made from metals like gold and silver. These currencies facilitated trade and commerce by providing a universally accepted medium of exchange.

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