Why did china begin to use paper money?
paper money was first used because of a metal shortage
The first users of paper money where in China
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.
In china the earliest check is "交子" and earliest paper money is "会子".
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… Read More
This is when paper money first became popular. It was actually in 806 AD that paper money was used. The Chinese were the first ones to give bank slips and paper money under the T'ang dynasty. It was later abandoned in 1455 in China only to be reinstated in the 1800s.
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.
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.
Because the paper money is printed in China so it can print as much as it need with easy works. Real silver money will be hard to find because the real silver is need to sell to oversea country.
The paper we use today was invented in China.
Paper was invented in China. Papyrus is older, but is not paper.
China invented paper so paper has been is use for thousands of years.
Yes money is made from paper. But not the paper that they use for fake money. And coins are made from metal or copper....or even bronze. Money is made from paper.
Dude, do you live in china? Im in america where i live and we use paper!
Instead of bartering or carrying around heavy coins all the time, paper money is light-weight and easy-to-use. The Chinese were the first to invent the use of paper money.
It was the Currency Act that outlawed the use of paper money in the colonies. Parliament passed the act in 1764.
They use the euro.
use it at stores
the currency act banned the use of paper money in the colonies, because it tended to loose its value very quickly.
The Chinese make light Work of Payment: The Invention of Paper Money Around 650 AD, the emperor of China began to issue paper "value tokens" for general use. As Marco Polo reported enthusiastically in 1275, "I tell you that people are glad to take these tokens, because wherever they go in the empire of the great Khan, they can use them to buy and sell as if they were pure gold". Europeans had to wait… Read More
paper ans the plow was invented in china and is used today
Ancient China used paper for scrolls and for books it has replaced papyrus that was used in Ancient Egypt and is still used in the United States.
When you use paper currency to pay for food items, the money is considered a medium of exchange which is an accepted form of exchange for goods and services offered to consumers.
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.
Index mutual funds The ONLY way to begin investing in stocks is with a "paper portfolio." You get a notebook and write the transactions you would make with real money in the notebook--yes, you can use Excel for this if you'd like. Track your paper portfolio like you would a real one. Whether you're trading mutual funds or individual stocks doesn't matter here--a paper portfolio will give you the opportunity to see how your money… Read More
Coins and paper
it was used for writing and keeping records
Because they didn't have paper to use.
Russia uses both paper and coins.
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
Mexico and Australia are two countries that don\'t use money notes that are made of paper. Their bills are made out of plastic.
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… Read More
Canadians use coins and paper money.
I think so... I think you can and that a $1.00 equals more in china...
Jackson was not fond of paper money. He didn't want to use it because many of the state banks issued paper money without making sure that they had the gold and silver to back it up. The value of paper money fluctuated frequently and therefore it could not relied upon.
They would use and abacus for math, and for writing, they would use paper and ink.
Use an industrial shredder. They never need to be repaired or replaced and the paper gets recycled.
painting, books, newspaper, money
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… Read More
the chinese becuase they started it ......
yes you can i do it to save money
You should use paper coins because galleons are actually coins.
The national central bank holds the gold reserve to back the use of paper money. The gold is a security measure that allows the trust of the paper money having worth. Paper money is a note for trading that is used in place of gold.
China does not use the dollar as its currency.
Paper in ancient China was primarily used for writing on. But shortly after the invention of paper in China, the Chinese found many other uses for it. They made paper kites, books, paper umbrellas, paper fans that were written or drawn on, paper windows (before glass was invented), and a whole bunch of other things. Also they did use it for clothing, early forms of silk, and shoes.
No, all of the United States' states use federally-minted coins and federally-printed paper money.
Use you can use popsicle sticks, some kind of blocks, clay, paper, etc
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)
The use of paper spread from China through the Islamic world and entered production in medieval Europe in the 13th century, where the first water-powered paper mills were built and mechanization of paper making began.