What was the role of money in Mesopotamia's economy and how did it impact the daily lives of its inhabitants?

Answer 1

In ancient Mesopotamia, money was not commonly used as a medium of exchange. Instead, the economy relied heavily on a barter system where goods and services were traded directly. This lack of a standardized currency made daily transactions more complex and time-consuming for the inhabitants. The value of goods was determined by their usefulness and scarcity, leading to a system where certain items, such as grains or livestock, became commonly accepted forms of payment. Overall, the absence of money in Mesopotamia's economy meant that daily life revolved around the exchange of goods and services rather than the use of a standardized currency.