aworld without money

first , there would not be any pay days ! instead ,we would all receive some of what we were producing and then we would try to swap it for what we needed . for instance ,if we were bakers , living in the time before money was developed ,we would try to exchange our loaves for clothes ,drink, fuel and shelter .let us consider the many problem that we would have :
- to clothe ourselves we would need to find a tailor who actually wanted a loaf or two of bread : technically,this is a double coincidence of wants . not too difficult , you might say,but nobody would swap address or coat for one or two loaves of bread .how many scores of loaves would you exchange for one dress for an average-sized person ?
we would then need to agree an exchange rate ,say 144 loaves to one standard-sized coat .but the tailor could not eat 144 loaves at one go .so we might agree to deliver the loaves over a five -month period -deferring the supply of them.
- our loaves would soon go stale ,so we would have to swap them within 48 hours of the baking . lucky old tailors or dressmakers - at least they can hang their products in acuboard for amounth or two! they can store their products .
- our loaves cannot be stored - for freezers have not been invented - so we have another proplem :how can we put things by for old age or for when we are ill and cannot work? the answer must be that we must bake more loaves ,swap them for clothes ,fuel ,etc,and then save these items until we need them .
probaly,we would spend such along time swapping and storing these commodities that the time remaining for baking -our main occupation - would be much reduced .
NOT SURPRISINGLY , SOCIETIES throughout the world developed money.at frist ,popular commodities such as animals were used to determine the rate of exchange and wich goods were swapped .for instance,one sheep might equal five loaves and one standard-sized coat equal 30 sheep.we still swapped the loaves and the coats but in ratios related to their value in sheep .
later ,people began to see an advantage in swapping good via their sheep price not directly but indirectly ,ie into sheep first and then out of sheep into what was realy needed .this brought another problem:sheep are difficult to carry-try carrying three or more! also they do not last forever ,although far longer than aloaf ; they cannot be divided like aloaf and some are bigger or healthier others.
so,people changed from using animals as aprimitive from of money to using precious metals . the latter could be carried easily ,were quickly recognizable and could be divided. moreover,they lasted much longer than animals .societies now had reached aform of money which would be an asset used for swapping goods and services and paying debts.