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2500 BCE
Ancient Egyptian were making metal rings
Ancient Egyptian were making metal rings, historians think they were used as money -
Period: 2500 BCE to
The Story of Money
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1100 BCE
China
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 -
650 BCE
Handle discs of metal
Between 700 and 600Bc were made in Lydia the first coins as we would recognise them -
650 BCE
First paper money in China
Around 700 and 600Bc In China the first money paper was being used -
Metal coins
Europeans were using more and more metal coins, made with metal taken from the colonies overseas -
Paper money in Canadian colonies
They began to use paper money in Canadian colonies -
Spanish real coin
A Spanish eight real coin was often split up into bits to pay for things, leaving the bits as a change -
The threepenny was only scrapped
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Money today
Nowadays people use credit cards to pay
Economic booms and crises happen when confidence in money increases or decreases
