44. What was the primary reason for the shift to paper currency in the 1700s?
(A) Paper was cheaper and more abundant than metal.
(B) The inconvenience of transporting and storing large quantities of coins.
(C) Paper bills were easier to print and distribute.
(D) The rise of banks and formal financial institutions.
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統計: A(9), B(266), C(17), D(8), E(0) #3141021
統計: A(9), B(266), C(17), D(8), E(0) #3141021
詳解 (共 2 筆)
#5914778
By the 1700s, the global economy had expanded to such a degree that dealing with massive quantities of coins became troublesome. Consequently, societies started adopting paper currency, which originally represented ownership of gold or silver coins.
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