Question

Throughout history, all sorts of interesting things have been used as money, including fresh fish and cattle. Fresh fish is not an effective form of money. What essential characteristic of money does fresh fish lack that most makes it ineffective

Answer 1

Answer: Store of value

Step-by-step explanation:

Money is vital for every economy. Before the use of paper money, the trade by barter system where goods were exchanged for another good and the use of commodities were used in the olden days. Commodities such as cowries, fish and cattle had been used as money.

Money is anything that is generally acceptable as a medium of exchange and a means of payment. Fishes lack the characteristics of "store of value". Store of value means that money can be kept for later use. Fish is not durable enough and gets spoilt in few days. As a result, it can't be stored for long.