The Barter Era

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Imagine you have 10 cows but need rice. Your neighbor has rice but wants fish. Nobody has what the other wants. This "double coincidence of wants" problem made trading a nightmare. People literally walked around villages trying to match trades. Sounds exhausting, right? This is why humans invented money.

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Did you know?

In ancient India, cattle ("go-dhan") was one of the earliest forms of wealth — the word "rupee" eventually traces back to the Sanskrit "rupya" meaning wrought silver.