Answer:
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Explanation:
The use of paper money usually meant that some emperor or form of ruling power approved of the use of the paper money, money or paper-based money at its core is anything with value that can be traded for a certain amount of anything, this definition holds true even today. Advancements include people being able to carry “cash” much more easily. It facilitates trade between private entities if each bill has a standard monetary value. People can just trade and negotiate among themselves without the need of authority figures needing to decide who was right or wrong in a scam or what a currency item is worth. For example if you are selling a fish and someone tells you he will pay you two rocks for it, then you use those rocks to buy herbs. When you buy the herbs, the trader says that he will give you two basil leaves, which is arguably much less that the cost of your fish, that is why it’s important to have a standard of money it being paper was just convenience of being carried more easily.
