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it was invented so paper can save space and it is also very light in weight.It is very easy to make.It was invented because the level of comerce and it got to the point where metal coins/Metals were very long.

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11y ago

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What is the name of the person who invented paper money?

The Chinese (seriously).


Is money made out of paper?

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.


What are the advantages of paper money?

Some of the advantages of paper money include: 1. paper money is less expensive to produce than coin money 2. paper money is not as heavy as coins, thus it is easier to transport or work with. Good luck with your homework kid!!


How is money made today?

today money is our of paper


If trees produce paper and money is made of paper cant money grow on trees?

Okay, money is not, in any real sense, "made of paper". Sure, it's printed on paper (though calling the substance money is printed on "paper" is a bit misleading, because there's actually a large amount of cotton present in that "paper". But, what makes money money is the fact that the government proclaims it to be "legal tender". So, in the only sense that matters, money is made out of government proclamation, not paper. Moreover, trees do not produce paper directly. They produce wood. Humans produce paper by processing the wood (and, in the case of the paper used to print money, cotton as well). And humans make money by printing numbers, words, and the pictures of dead Presidents on the paper. The biological processes going on inside a tree, complex as they are, cannot duplicate these human processes. So, "money", even if it was nothing more than the paper and ink that went into physically producing the bills, still could not grow on trees.