The earliest kind of money was used about 3000 years ago.9000 BC there was barter ,that is they could exchange cattle or crops. 1200 BC people who lived around pasific and Indian oceans started to use cowries and shells is a kind of frat money.1000 BC commodity money appeared such as base metal coins ,but already 700 BC appeared precious metal coins . 800 AC appeared paper money in China and currency .And today we use both paper money and electronic,various credit cards and cash Alieva H
9000 years BC, mainly in order to buy or sell something, people used cattle crops, exchanging what they have for what they need. Next, 1200 BC cowrie shells began to be used as a bargaining chip and a unit for measuring the value of goods. Then 1000 BC, people decided to use base metal coins as theq were easy to use carry around and to trade with. 7000 BC, precious metal coins become popular, which were of great value and were liquid. In 800 AD, the first paper money appeared in China, which has remained to this day the most convenient payment method. Nasrulaeva FaTiMkA
The earliest kind of money was used about 3000 years ago. 9000 BC there was bartering, this is means that they could exchange cattle or crops. 1200 BC people who lived around Pacific and Indian Oceans started to use cowries and shells like a kind of fiat money. 1000 BC commodity money appeared such as base metal coins. 700 BC appeared precious metal coins. 800 AC appeared paper money in China, from where they began to travelled in Europe. For example, the first paper notes in Europe appeared in the 17th century in Sweden. Amagaeva Ziyarat
Money first appeared about 3,000 years ago. 9000 BC people exchanged various items, this system was called barter.. 1200 BC people who lived around the Pacific and Indian Oceans used shells as money as a kind of paper money. In 1000 BC, non-precious metals were used. In 700 BC, coins made of precious metals appeared. 800 AD. paper money appeared in China, in Europe there was no demand for paper money at first, but after a while it gradually began to spread there. For example, the first paper banknotes in Europe appeared in the 17th century in Sweden.
Money is the medium of exchange. This is the main tool in the economy. We use money to buy goods and services and exchange with other people. Initially, in the ancient world there was a barter exchange. And it is not known exactly when money exchange appeared, but today there are two types of money: commodity money and fiat money. Previously, commodity money was cattle, silk, salt, shells, and so on. And today commodity money is gold and silver. Fiat money is paper banknotes. They first appeared in China and became popularly used in the 20th century. At first, presidents were painted on banknotes, as well as some of their subjects. Today, money has been transformed into electronic money, cryptocurrency and bitcoins have appeared. And no one knows what the money will be like then, but I believe that a good future waits us. Radzhabova Maryamka
The earliest kind of money was used about 3000 years ago.9000 BC there was barter ,that is they could exchange cattle or crops.
ОтветитьУдалить1200 BC people who lived around pasific and Indian oceans started to use cowries and shells is a kind of frat money.1000 BC commodity money appeared such as base metal coins ,but already 700 BC appeared precious metal coins .
800 AC appeared paper money in China and currency .And today we use both paper money and electronic,various credit cards and cash Alieva H
9000 years BC, mainly in order to buy or sell something, people used cattle crops, exchanging what they have for what they need. Next, 1200 BC cowrie shells began to be used as a bargaining chip and a unit for measuring the value of goods. Then 1000 BC, people decided to use base metal coins as theq were easy to use carry around and to trade with. 7000 BC, precious metal coins become popular, which were of great value and were liquid. In 800 AD, the first paper money appeared in China, which has remained to this day the most convenient payment method.
ОтветитьУдалитьNasrulaeva FaTiMkA
The earliest kind of money was used about 3000 years ago. 9000 BC there was bartering, this is means that they could exchange cattle or crops. 1200 BC people who lived around Pacific and Indian Oceans started to use cowries and shells like a kind of fiat money. 1000 BC commodity money appeared such as base metal coins. 700 BC appeared precious metal coins. 800 AC appeared paper money in China, from where they began to travelled in Europe. For example, the first paper notes in Europe appeared in the 17th century in Sweden.
ОтветитьУдалитьAmagaeva Ziyarat
Money first appeared about 3,000 years ago. 9000 BC people exchanged various items, this system was called barter.. 1200 BC people who lived around the Pacific and Indian Oceans used shells as money as a kind of paper money. In 1000 BC, non-precious metals were used. In 700 BC, coins made of precious metals appeared. 800 AD. paper money appeared in China, in Europe there was no demand for paper money at first, but after a while it gradually began to spread there. For example, the first paper banknotes in Europe appeared in the 17th century in Sweden.
ОтветитьУдалитьMoney is the medium of exchange. This is the main tool in the economy. We use money to buy goods and services and exchange with other people. Initially, in the ancient world there was a barter exchange. And it is not known exactly when money exchange appeared, but today there are two types of money: commodity money and fiat money. Previously, commodity money was cattle, silk, salt, shells, and so on. And today commodity money is gold and silver. Fiat money is paper banknotes. They first appeared in China and became popularly used in the 20th century. At first, presidents were painted on banknotes, as well as some of their subjects. Today, money has been transformed into electronic money, cryptocurrency and bitcoins have appeared. And no one knows what the money will be like then, but I believe that a good future waits us.
ОтветитьУдалитьRadzhabova Maryamka