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When and where did the development of paper money begin?
The development of paper money began in China during the Tang Dynasty (618-907 AD). The first recorded use of paper money as a medium of exchange occurred in the 7th century in China.
Where was the first use of paper money?
china
Were in the world was the first paper money use?
China
Does china use paper or coins for money?
coins
What group of people was the first to create and use paper money?
The first users of paper money where in China
What was the first nation to use paper money?
china ithink
What country first made use of paper money?
China
What country is the origin of the first paper money?
China was the first country to use both paper money and the printing press.
Who distributes 'Manundy Money' on the Thursday before Easter and which county was first to use paper money?
The Monarch of the United Kingdom (currently Queen Elizabeth II) and China was the first country to use paper money.
What country first used paper money?
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.
Why did China use paper money?
China began to use paper money during the Tang dynasty because of its lightness and other aspects. People could now carry money without the anxiety of a robber stealing it because they would have no need for money outside of china. also, paper money could be carried i larger loads because it didnt weigh as much as coins or gold did. finally, paper money allowed the government to enforce greater regulation due to being the only manufacturer of the product.
What was the country that made the use of paper money?
Mexico and Australia are two countries that don\'t use money notes that are made of paper. Their bills are made out of plastic.
