Question

Societies did not develop monetary commodity systems until the mid-nineteenth century.

Is it True or False

Answer 1

It is False that societies did not develop monetary commodity systems until the mid-nineteenth century. 

Answer 2

That statement is False

Monetary commodity system refers to a society that acknowledge the usage of money as legitimate medium of exchange.
Even though there is no paper money, the usage of coin money as medium as exchange is believed to be existed since 500 BC.