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Because it was so difficult to transport large or heavy items to trade, coins were created as currency. True or false?

User Arcticfox
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Final answer:

True. Coins were created as currency to solve the difficulties of transporting large or heavy items for trade. In Lydia, people started using standardized lumps of gold and silver with weight and later stamped them to create the first true coins called shekels.

Step-by-step explanation:

True. Coins were created as currency because it was difficult to transport large or heavy items to trade. In ancient times, people used to trade goods through bartering or gifting. However, this system was limited as it required both parties to have something the other person needed at the same time. To solve this problem, the idea of using a standardized form of exchange known as money was developed. In Lydia, a kingdom in western Anatolia, people started using lumps of gold and silver with standard weights as currency. These lumps were later stamped with marks to create the first true coins called shekels. Currency revolutionized ancient economics and made trade easier by allowing merchants to carry smaller and more portable units of value instead of larger and heavier goods.

User Michael Parker
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