Why were coins of low value printed in large quantities? – InterviewSolution

1.

Why were coins of low value printed in large quantities?

Answer»

1. Mines had a limited reserve of the metals.

2. An alternative was found and coins were made using metals with lesser value.

3. These were used to buy and sell goods of lesser value.

4. It was used as the money of the poor people,
Hence the coins of low value were printed in large quantities.

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