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9 January, 05:06

Why does a money economy begin to replace the barter economy on high Middle Ages

As wars halted trade, merchants found new work metal smithing or creating coins

As trade expanded to cover greater distance, a unit of exchange became more important.

Eastern merchants banded together to reject the barter economy in Europe

Western merchants were no longer willing to negotiate with Eastern nations

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  1. 9 January, 05:29
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    Eastern merchants banded together to reject the barter economy in Europe
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