Question 6(Multiple Choice Worth 5 points) (02.05 MC) How did the adoption of a money system contribute to the modern economy? Increased the value of silver as it was used for coins Resulted in decreased trade because of limited coins available for use Led to the development of modern banks to help merchants manage their money Put money in the hands of merchants at no cost to allow for unbridled economic growth

## Step 1<br />The question is asking about the impact of the adoption of a money system on the modern economy. The options provided are:<br />A. Increased the value of silver as it was used for coins<br />B. Resulted in decreased trade because of limited coins available for use<br />C. Led to the development of modern banks to help merchants manage their money<br />D. Put money in the hands of merchants at no cost to allow for unbridled economic growth<br /><br />## Step 2<br />The adoption of a money system had a significant impact on the modern economy. It led to the development of modern banks to help merchants manage their money. This is because the money system allowed for the creation of a centralized system where money could be stored and managed, leading to the development of banks.<br /><br />## Step 3<br />The other options, such as increasing the value of silver, decreasing trade due to limited coins, and putting money in the hands of merchants at no cost, are not the primary impacts of the adoption of a money system. These are more specific outcomes or consequences of the money system, but they do not capture the overall impact on the modern economy.