Why was money even invented?

Question: Why was money even invented!?

I mean, we could have gotten by by being nice peaceful happy little farmers that trade, i mean there is no reason we couldn't do the stuff we do now without money, if it had never been invented, because now every country is obsessed with it!.Www@QuestionHome@Com

Best Answer - Chosen by Asker:

Money was invented for easy trade there are possibly three ways to think of the origin and reason for money, and also are you talking about a money economy or simply paper money!?
Money was created for many reasons, and is ismply a medium of exchange!.

Money Has roots as well in nations and Empires wanting Economic growth, only possible with standards, and uniformilarity!.

Man has used various items for money including cattle, whales' teeth, elephant tails, yap stones, wampum, and cowrie to name just a few!. The cowrie, an ovoid shell of a mollusc, was widely used by more people and societies than any other type of primitive money!. While cowrie served as a good method for conducting the large number of small, daily commercial transactions to be carried out; cattle was the general store of value in many cases!. The term "pecuniary" is derived from the word pecus, Latin for cattle!.

Certainly, as the variety of goods and services increased, so did the complexity of using pure barter systems - too cumbersome and complicated for the average man!. Bride-money was invented to compensate for the loss of a daughter's services!. Many societies even adopted a system of charging a set fee for killing a man!. In addition to basic economic functions, payments for damage and loss, and other basic life situations, many factors contributed to the invention of money!. To say that money was invented solely for the exchange of goods and services is a view too myopic and simplistic to be considered accurate!.

Another Thing was that There was a problem with the value of objects and their standard value, or better lack of one causing people to find an alternate route!.

For paper money the weight of coins weighed down people and Ghengis and Khublia Khan both used paper money to represent money for it allowed them unlimited wealth!.

Money is anything that is generally accepted as payment for goods and services and repayment of debts!.The main uses of money are as a medium of exchange, a unit of account, and a store of value!.Some authors explicitly require money to be a standard of deferred payment!.

The term "price system" is sometimes used to refer to methods using commodity valuation or money accounting systems

So your farmer's trade can be considered Money for after all, money is anything to obtain services, goods, repay debt, give charitably, in sacrifice, or any other form of payment twords something!.

Sincerely, Hope I Helped, ~CS~

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Necessity is the mother of all invention!.

In a barter system (trade) there must be a coincidence of wants before two people can trade – one must want exactly what the other has to offer, when and where it is offered, so that the exchange can occur!. A medium of exchange (money) permits the value of goods to be assessed and rendered in terms of money and trade can take place at a place and time of the buyer's choosing!.
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Cuz it's not easy carrying lots of stuff around to barter!. Imagine fitting 20 bales a hay with a mule and cart in your wallet!.

also so that institutions can control the economic flow of their country!.Www@QuestionHome@Com

Bartering is clumsy!. Say you're a beet farmer and you want to buy a used Honda for $9,000!. That's 3-5 tons of beets!. Wouldn't it be easier to write a check!?

Money facilitates commerce!. That's why!.Www@QuestionHome@Com

The barter system is not really workable!. Imagine having to go around and exchanging some eggs you produced for some bread and shoes, etc!. It would suck and there wouldn't even be Yahoo to post question like this!. Www@QuestionHome@Com

all paper currency is backed up by gold!. I suppose it was a chore to carry enough gold around to purchase things so money or a bank note representing the amount in gold was initiated!.!.!.!.Www@QuestionHome@Com

Money was invented so that the people would have a scorce to buy things or to trade for other items!. At first they used gold!.!.!.Www@QuestionHome@Com

For trade!. Instead of bargaining, people had a universal currency!. Www@QuestionHome@Com

because its a a lot easier to trade with and for a economy to growWww@QuestionHome@Com

people wont do anything without getting something:) Www@QuestionHome@Com

would you like to buy a car with chickens and a cow or dollars!? It is used for tradeWww@QuestionHome@Com

Zeitgeist Addendum, watch it on googleWww@QuestionHome@Com

Because MONEY TALKS and we are FOOLISH!. BTW, Money is not the root of evil!.!.!.!.LOVE of money IS!.Www@QuestionHome@Com

THE REASON WE HAVE MONEY IS TO BUY CLOTHES!.!.!.!. DUHH!Www@QuestionHome@Com

get over it!! it is the world we live inWww@QuestionHome@Com