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When did people first used money?

Updated: 9/17/2019
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13y ago

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the barter s ystem after that

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14y ago
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Q: When did people first used money?
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Related questions

Who were the first people to develop a money economy?

The Lydians were the first people to develop a money economy.


In what year did people invent money?

Metal objects have been used as money dating back as far as 5,000 BC. The Lydians were the first people in the western world to use coins from about 700 BC. The Chinese are known to have used paper money from about 960 AD.


Which civilization used metal coins for currency?

Metals objects were introduced as money around 5000 B.C. By 700 BC, the Lydians became the first in the Western world to make coinsThe Native Americans were the first people to use money as currency. They used wampum. Wampum was used to trade also. Wampum was made out of beads.The first people thought to use coin money were the Lydians. Prior to this, many cultures used barter systems, or shell money - seashells instead of paper/coin money.Egyptians


Where in the world was paper money first used?

First created and used by the Chinese


First people to use paper money?

This is when paper money first became popular. It was actually in 806 AD that paper money was used. The Chinese were the first ones to give bank slips and paper money under the T'ang dynasty. It was later abandoned in 1455 in China only to be reinstated in the 1800s.


What country first used money?

The first currency was used in Ancient Greece by the Greeks.


What group of people was the first to create and use paper money?

The first users of paper money where in China


When people started using money?

People have been using "money" since the first civilazation. (Mesopotamia.) What currency of money are you looking for?


When was money first used?

in ancient times


First used paper money?

The Chinese


Was used as money by the people of Sparta?

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What was used by the people of Sparta as money?

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