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2500 BCE
4000 to 2600 years ago
2500 BC Ancient Egyptians were making metal rings which some historians think they used as money -
1100 BCE
New system
In china, a system of using miniature replicas of the objects to be traded were used instead of the objects themselvs -
Period: 700 BCE to 600 BCE
The first coins
Over the time these may have transformed into eaier to handle disc of metal becuse in Lydi between 700 and 600BC the first coins were made -
Period: 700 to 600
The first paper money
In China the first paper money was being used -
400 to 200 years ago
By 1600 AD Europeans were using more metal coins, made with metal taken from their colonies overseas -
Canadian colonies
In 1685 Canadian colonies began to use paper money too and this innovation led to huge increase in international trade -
Money today
in the modern world many people use plastic cards called debit cards to pay for things