Who invented paper money first?

Answer 1

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.

Answer 2

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

Answer 3

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.

Answer 4

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.

Answer 5

In what year was the first paper money printed in the US

Answer 6

Paper money was first used in Ancient China by the Song Dynasty.

Answer 7

someone, ask magic 8 ball again

Answer 8

In china

Answer 9

China

Answer 10

Asia