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Who were the first people to use paper money?

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2011-09-13 17:28:55
2011-09-13 17:28:55

the chinese becuase they started it ......

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The first users of paper money where in China

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The first people to use and invent toilet paper were the Chinese.

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paper money was first used because of a metal shortage

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they used it to well when they sold silk people would use paper money so there you have peeps paper money thank you thank you you've been a great.. well what ever by by

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The first known use of paper money was in china during the 7th century; it was used to reduce the amount of coinage carried by travelers as it weighed too much.

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No, there not because they are 75% made by cotton and 25% of linen.

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The exact dates and origins of paper money aren't known but its use can be documented as far back as 1400 years ago in China. Money was first printed in 1690 in the United States of America.

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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.

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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.

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the barter s ystem after that

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The oldest evidence of paper manufacture and use dates back to 2nd century BC in China. Chinese were the first people to use paper in its modern form.

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The people who issue paper money want to make sure that the money cannot be counterfeited (copied) so they use very elaborate printing schemes to make it difficult to copy paper money. They use colour as just one one of the many protection methods you will find on the money. Other methods are using special paper, invisible inks that can only be seen in ultraviolet light, using embossing, watermarked paper and more recently holographic metal threads woven into the paper.

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No. They didn't use money like coins or paper money (Chinese were first at that one I think). However they used a bartering system or some other product to make purchases

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It was the Currency Act that outlawed the use of paper money in the colonies. Parliament passed the act in 1764.

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When they learned how to use paper and some engineers developed a machine to make them work automatically.

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the currency act banned the use of paper money in the colonies, because it tended to loose its value very quickly.

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Coins and paper money have been in use for millennia so there's no recorded history of their very first use. Coins have been traced back as far as the Lydians in the 8th century BCE, while paper money was introduced by the Chinese during the Tang dynasty (7th to 10th centuries)

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