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THE HISTORY OF MONEY

  • 2500 BCE

    Ancient Egypt

    Ancient Egypt
    They were making metal rings which some historians think they used as money
  • 1100 BCE

    China

    China
    Exchanging objects like tools and weapons
  • Period: 700 BCE to 600 BCE

    Lydia (new Western Turkey)

    The first coins were made there
  • Period: 700 BCE to 600 BCE

    China

    The first paper money was being used
  • Period: 700 BCE to 600 BCE

    King Croesus

    The first known gold coin was minted by Lydia King Croesus
  • Period: 700 BCE to 600 BCE

    Discs of electrum

    A natural mix of silver and gold
  • Europe

    Europe
    Europeans were using more and more metal coins, made with metal taken from their colonies overseas
  • Canadian colonies

    Canadian colonies
    They began to use paper money
  • Pieces of Eight

    Pieces of Eight
    A pirate walked into your shop he might try to pay in pieces of eight
  • Spain

    Bits, an English term for a small coin and was still used until very recently
  • UK

    UK
    end of the threepenny bit
  • Credits and debits cards

    Credits and debits cards
    In the modern world many people use plastic cards called debits cards to pay for things. They also used money the don't habe yet by paying with credit cards.