Sunday, July 26, 2020

The History of Money

The History of Money

9000 BC The first form of money was sheep and camels.

1200 BC In some parts of the world people used items like beads, animals skins or shark teeth. Other parts they used cowrie shells.

1000 BC Chinese were the first to use metal in their money. They made that looked like cowrie and used tools like knives as money.

500 BC In Lidya (Now a part of turkey) they used silver and gold in coins. The back was stamped to show that it was not fake.  

806 AD The Chinese invented paper money.

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