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Wednesday, November 20, 2019

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Date : 1998-03-10

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History of money Wikipedia ~ The history of money concerns the development of social systems that provide at least one of the functions of systems can be understood as means of trading wealth indirectly not directly as with barter Money is a mechanism that facilitates this process Money may take a physical form as in coins and notes or may exist as a written or electronic account

The History of Money From Barter to Banknotes ~ Money in some form has been part of human history for at least the last 3000 years Before that time it is assumed that a system of bartering was likely used

The History of the ManMade Invention of Money ~ Representative money has now been replaced by fiat money Fiat is the Latin word for let it be done Money is now given its value by government fiat or decree ushering in the era of enforceable legal tender which means that by law the refusal of legal tender money in favor of some other form of payment is illegal

Money and Finance History of Money ~ The history of money spans thousands of years from bartering and the first coins to credit cards and electronic money Bartering The oldest way of doing business did not involve any money at all People would trade goods For example if a person wanted a chicken they would offer another good perhaps a dozen apples in exchange

Finance The History of Money combined ~ An animated video exploring the history of money From the use of objects to function as monetary value to the development of metal and paper money as currency Playlist link

HISTORY OF MONEY ~ HISTORY OF MONEY including Better than barter Safe in the temple The first mint Bronze coins in China Greek and Roman financiers Origins of todays currencies Paper money in China Bank notes in Europe Minting shells

Money History ~ 1690 Colonial Notes In the early days of this nation before and just after the American Revolution Americans used English Spanish and French Massachusetts Bay Colony issued the first paper money in the colonies that would later form the United States


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