Who came up with money?

Answer 1

Trade was by direct exchange of goods. As trade expanded, it became expedient to have tokens instead of cartloads and shiploads of good, and as a store and reserve of value. So tokens were used - especially tokens which had a high intrinsic value of their own, such as metals and gems. To give some guarantee of value, states began to back the value of their curencies.

Answer 2

Up until the Babylonian's time, money was live animals, skins, things from crops and other things that you could trade. The Babylonians created a system of money that was based on weight. One unit was called minna.

Answer 3

so we can trade in a more proper way . that way , everybody gets what they deserve depending on what they trade with. remember everything has its own value, in the past it wasn't like that. as a result people lost a lot of i wanted to say money .. but there wasnt any money , but yea you got me people lost. instead of getting what they should get in return for what they trade with they got something less valuable.

Answer 4

paper money came from china because paper came from china

Answer:

Initially people traded goods of equal value (arrowheads for dried fish etc.) with no need of money. This was replaced with something of value (gold or silver) for goods. This still was not money. Eventually "official" counters of gold, silver or other valuable items were issued by governments as "money". Mesopotamia is usually cited as the originator of money but this happened in many places around the world at about the same time, as early as 3000 BCE. Stamped coins were developed around 600 BCE. The Chinese moved away from issuing gold or silver and using paper money which only represented an amount of gold or silver.

Answer

china I THINK. some other civilization may have but as far as i know china had the first and they used coins

Answer 5

Nowadays, money has a major part in life and in the worldÕs economy. But in the past, goods like meats represent as our foreheadÕs money and then in the year of 1500 BC the Phoenicians invented the first metal money that was used in the world trade.

Answer 6

Money (currency) was developed in the Mesopotamian times (the first civilizations).

Answer 7

In a current time yaers ago

Answer 8

you and me and every one