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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.
- Subjects :
- MONEY
HISTORY of money
PAPER money
BUSINESS
Subjects
Details
- Language :
- English
- ISBNs :
- 9780886878122
- Database :
- Supplemental Index
- Journal :
- World Almanac for Kids (9780886878122)
- Publication Type :
- Reference
- Accession number :
- 14316664