Question

What was the importance of a cash economy?

a.
It helped crafts people to buy stocks and bonds.
b. It provided a way for crafts people to pay taxes.
People could now buy goods instead of just trade.
All of the above
C.
d.
Please select the best answer from the choices provided
A
B
C
OD
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Answer 1

The cash economy allowed craftspeople to pay taxes and facilitated the buying of goods instead of just trading. It enabled efficient exchange of goods and services and standardized the value of goods.

Step-by-step explanation:

The importance of a cash economy is that it provided a way for crafts people to pay taxes, and people could now buy goods instead of just trading. In a cash economy, transactions are conducted using coins, paper money, or digital forms of payment, such as credit cards. This allows for a more efficient exchange of goods and services, as well as the ability to measure the value of goods in a standardized way.

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