History and Functions of Money

4. A key property of money or commodities, meaning it lasts over time without wearing out.
6. The situation in bartering where two parties must need what the other is offering.
7. Trading goods or services without using money.
9. The ability to split something into smaller, manageable parts, especially in trade.
10. The country where the earliest form of paper money was used.
12. Physical items like grain, cattle, or metals used in ancient times for trade.
13. Paper notes or coins used as a medium of exchange in a modern economy.
14. The ancient kingdom that first introduced standardized metal coins.
15. A medium that can be exchanged for goods and services, accepted by a community.

1. Materials like gold or silver, often used historically in coins and as a store of value.
2. Money that has no intrinsic value but is established as legal tender by government regulation.
3. The act of exchanging goods or services, either through barter or using money.
5. A function of money that allows people to save purchasing power for future use.
8. The process by which goods, especially perishable ones, deteriorate and lose value over time.
10. The system of making and using metal pieces as a form of money.
11. A highly valuable metal used for coins, jewelry, and as a standard of wealth throughout history.
12. A digital or virtual form of money that uses encryption for security and operates independently of central banks.