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5000 BCE
THE HISTORY OF MONEY
Historians find it hard to pintpoint the exact moment that the concept of money wa invited. It is believed that from very early times bater and exchange were the main way of trendiing goods and service. -
2500 BCE
EGYPT
around 2500BC Anient Egyptianswere makingmetal rinmgswicg somehistorrians think they udsed as money. -
1685 BCE
CANADA
In 1685 Canadian colionies began to use paper money tooand his innovation led to huge increasein international trade.. -
1100 BCE
CHINA
Buçy1100Bc in Chuina, rather than exchanging objects like tools and weapons, a system of using miniature replicas of the objects to be traded were used instead of the objects themselves. -
EUROPE
By 1600 AD Europèans wereusing more and more metal coins.made with metal taken from their colonies overseas. -
PIRATES
If in 1700 a pirate walked into your shop he might try to pay
in pieces of eight,a Spanhis eight real coin was often split up into bits to pay for thing,leaving the bits as change.Bit was an English termfor a small coin and was still used until very recntely, Gor example. the threepenny was only scapped in1971.