China was a more advanced civilization early on, and had the tools to wield bronze, invent rockets, and of course, print paper money.
Paper currency was first produced by the Chinese. It was created as a way to reduce the costs associated with creating metal coin currency and was also lighter to carry.
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
Because it's cheap to make.
More specifically:Paper money was invented by the Chinese to simplify trade. For large payments coins or raw precious metals would be inconvenient and heavy. Paper money could be transported much more easily and could be converted back into coins or metal by either party to the transaction.The Chinese were the first to invent paper money during the Tang Dynasty in the 7th century. It was initially used as a form of promissory note as a substitute for carrying heavy metal coins.
In what year was the first paper money printed in the US
Paper money was first used in Ancient China by the Song Dynasty.
someone, ask magic 8 ball again
In china
China
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.
The first country to issue paper money was China and it was invented by Jiaozi of the Northern Song Dynasty.
John
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 han dynasty invented the paper money
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.
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 .
Paper money was actually invented by the Chinese during the 7th century.
Paper money was invented not discovered. Probably by the Chinese.
china
Paper money was first introduced into the Chinese economy in 1023... But that doesn't exactly constitute as an invention...
in the 21st century