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What else can I help you with?
Is there any country not using coins?
Laos and Belarus use only paper money. Laos is one of the poorest countries in the world with only $1 in circulation per capita.
Do Canadians only use coins?
Canadians use coins and paper money.
First people to use paper money?
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.
What do you do with paper money?
use it at stores
Paper money they use in France?
They use the euro.
Why did china begin to use paper money?
paper money was first used because of a metal shortage
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 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.
If metal is so cumbersome why should we not have only paper money Why should we not print as much of it possible?
Paper is lighter than metal, it also saves use of silver and other metals when they are scarce. Perhaps you may ask "Then why not have paper money only?" The answer is, it would be impossible to print just the right amount of paper money that would keep prices at their proper natural level. Hope it helps!!!
If metal is so cumbersome why should we not have only paper money why should we not print as much of it as possible?
Paper is lighter than metal, it also saves use of silver and other metals when they are scarce. Perhaps you may ask "Then why not have paper money only?" The answer is, it would be impossible to print just the right amount of paper money that would keep prices at their proper natural level. Hope it helps!!!
Where was the first use of paper money?
china
What did Chinese use for money?
Coins and paper
