When was paper money invented?
It is widely accepted that the first paper money originates from China approximately 1400 years ago.
At this time, all money took the form of metal coins which has a hole in the middle allowing them to be strung on a chord and worn around the neck. The emerging merchant class in China found that their wealth made the weight of coins impractical to carry so they deposited the coins with a trustworthy person to look after on their behalf. In recognition of the coins, the trusted person would give the merchant a slip of paper recording the value of coins deposited, which he could use to recover the coins. Eventually, these early 'promissory notes' developed into slips of paper that could be used as money equivalents, with the person holding the notes able to go to the trustworthy person who held the actual physical coins to encash the paper. The local usage if 'jiaozi' paper money of this sort was recorded in 600 AD.
The first national paper notes date from around 960AD when the Chinese Song Dynasty issued paper currency after a shortage of copper limited coin production.
Paper money was first introduced by the Chinese. It is documented that the Chinese began using paper as currency after the sixth century A.D.
the chinese invented paper money
the han dynasty invented the paper money
The Ancient Chinese invented paper and money. Money was invented by the first king of China and paper was invented by a man in China by bamboo.
Paper money was actually invented by the Chinese during the 7th century.
Paper money was invented not discovered. Probably by the Chinese.
The first country to issue paper money was China and it was invented by Jiaozi of the Northern Song Dynasty.
By my sources it is said that paper that is similar to our modern paper was invented around 150 BC under the supervision of Emperor Wu. First forms of Paper money however was invented around 809AD in the Tang Dynasty. This means that paper money was invented about 950 years after paper was invented. Hope this helps
The sung dynasty had invented paper money origanally.... Another name for paper money is flying money because it was easy to print i hope that helps ....... ; )
in the 21st century
inventions , coins and paper money
The Romans invented paper money around 100 AD i got it out of a very educationall website. The first coins were stamped around 650 - 600 BC .
ANSWER: paper money ANSWER: paper money was invented during the song dynasty and was the first time it was created.
The Chinese (seriously).
Jiaozi of the Song Dynasty
The chinese invented paper money i swear
The first coins were stamped around 650 - 600 BD by the Lydians. Some believe that the Ancient Egyptians were the first to invent and use coin money. The first paper money is believed invented by the Romans around 100 AD.
because the Chinese used it to print paper money.
Paper money was first used in ancient china and was also called 'Flying Money' in Tang Dynasty. It was used between merchants and was used because the coins used before the paper money invented was very heavy for rich merchants
No, the Chinese invented paper money during the Song dynasty and also had a credit system called "flying money" during the Tang dynasty. The Romans invented gold coins.
someone, ask magic 8 ball again
it was invented so paper can save space and it is also very light in weight.It is very easy to make.It was invented because the level of comerce and it got to the point where metal coins/Metals were very long.
well first the chinese said WE LOVE PAPER AND MONEY SO LETS MAKE SOME PAPER MONEY THEN EVERYONE SAID HE WAS CRAZY BUT THEN AFTER HE MADE paper money and everyone thought tit was a a great idea *WRONG* The Chinese government thought that large amount of coins are difficult to carry. So they invented paper money in order to solve the problem. ~Improved by Pinksakuraeya
Of course money is printed on paper! But not wood fiber paper. It is printed on cotton fiber paper. It is more durable than wood fiber and harder to counterfeit. There are also red and blue fibers embedded into the paper for anti-counterfeiting purposes. Ben Franklin invented the cotton/red blue fibered paper we still use to print our money on today.
paper was invented in shai lung
1. Who invented paper?
Paper towels were invented in Philadelphia, Pennsylvania. The Scott Paper Company invented paper towels for kitchens in 1931 and are now the leading manufacturer of paper towels.
Paper money was first introduced into the Chinese economy in 1023... But that doesn't exactly constitute as an invention...
the Chinese invented paper for scrolls (ancient books)
the Han Dnasty invented paper:)
Wax paper was invented in 1872 by edison.
Johan Vaaler invented the paper clips
Paper was invented in 206 BC
If you're talking about who invented paper. Ancient Egypt invented the paper
Yes, you can get a paper cut from paper money.
paper money paper money
they werw invented by quality of using paper bissnochs
a Chinese guy called Cai Lun invented paper
Bette Nesmith Graham invented liquid paper.
The paper we use today was invented in China.
paper was invented during the Tang dynasty
Tshai Lun, Paper was invented in ancient China
Arthur Scott invented Paper towels Scott Paper Company In 1931.
yes money is made out of paper so yes money is paper with colored ink
they have invented the first calculater"abucus",porclien,silk,printer and that's it Junks, Paper Money, playing cards, vaccines, steel, gun powder, computers, hello kitty, paper, rockets, compass, canal lock
It was discovered that a Chinese scholar by the name of Tsai Lun had invented paper by 105 A.D. He invented it by draining fibers of wood into water and compressing it together. Tsai Lun invented the paper and it was invented on 1718.
it was invented with paper
Very probable they were invented at Scott Paper Company in 1907.
Charmin was actually invented by Hoberg Paper Company.
Joseph Gayetty invented toilet paper in 1857