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1200 BCE
COWRY SHELLS
Cowry shells were invented in 1200 BC in China. They were invented by Caravans of Arab traders. The small shells were harvested en masse in the Maldives for a thousand years and used as money around the world. -
650
COINS
Coins were invented in the 7th century in Lydia. They werw invented by King Croesus. Lydian coins were made from a mixture of gold and silver and they were stamped with the
badge of the King. -
1006
PAPER MONEY
Paper money was invented in the 11th century in china. In Spain there were six types of paper money. One of five euros, another one of ten euros, one of twenty euros, another one of fifty euros, one of one hundred euros and the biggest of five hundred euros. This invention was invented by Mongolian Emperor, Kubla Khan. Kubla Khan was born on 28 september, 1215 in Mongolian empire. He invented paper money to avoid having to carry thousands of strings of coins long distances -
CASH REGISTRES
Cash registers were invented in 1879 in Ohio. They were invented by James Ritty. His objectivewas to stop dishonest employees from stealing money. -
CREDIT CARDS
Credit cards were invented in 1950 in New York. They were invented by Diner’s Club Enable people to buy things or services and pay for them later by means of cash or a cheque.