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HISTORY of MONEY.

Source :
World Almanac for Kids (9780886878122); 1999, p126-126, 1p, 2 Black and White Photographs
Publication Year :
1999

Abstract

This article gives a brief history of the usage of money around the world. People first started using money in order to trade. You may be surprised by some of the items that people have used every day as money. By the time of the Middle Ages in Europe (A.D. 800-1100) merchants and goldsmiths began issuing notes promising to pay gold to the person, carrying the note. These "promissory notes" were the beginning of paper money in Europe. Today, money throughout-the world is issued only by governments.

Details

Language :
English
ISBNs :
9780886878122
Database :
Supplemental Index
Journal :
World Almanac for Kids (9780886878122)
Publication Type :
Reference
Accession number :
14316664