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The first empire known to use coins was the Lydian Empire, which existed in western Anatolia (modern-day Turkey) around the 7th century BCE. The Lydians, under King Alyattes and later his son Croesus, minted the first standardized gold and silver coins, which facilitated trade and economic transactions. This innovation spread to other cultures and empires, transforming the way commerce was conducted in the ancient world.
What else can I help you with?
What coins were use in mauryan empire?
They didn’t use coins.
What was the Chinese currency in the Han Empire?
Cowry shells were the first known currency of China
How did the use of standard currency or Coins helped the economy of the Roman empire?
The Roman coins acted as the common currency throughout the empire, which made commercial exchanges in the various part of the empire easier. In a way, Roman money acted a bit like the Euro acting as a common currency for many European countries.
Who established a standard currency for the roman empire?
No one established a standard currency for the Roman Empire. The Roman coins evolved as a standard currency as the Roman Empire expanded. The conquered territories were annexed to the empire, became Roman provinces and the Roman coins became their currency as a result of the annexation. The Roman coins also became useful as a standard currency as thriving trading neworks developed around the empire
How did the vastness of the roman empire affect coins of the economy?
it didnt
What coins were use in mauryan empire?
They didn’t use coins.
What did the people of Aksum the first to?
Coins
What were the inventors of the first coins?
The Ancient Chinese were the first to use coins.
In 27 BC what did the Romans empire use to buy goods?
coins
Was Gold was used in roman coins?
The Roman Empire did use gold coins (Aureus)
What did Axum civilizations use to equal the Roman Empire's currency to facilitate trade relations?
Coins.
Which Persian innovation promoted trade and contributed to the unity of the empire?
use of standardized metal coins
Who was the first group to use coins?
The Lydians
What was the Chinese currency in the Han Empire?
Cowry shells were the first known currency of China
Were the Egyptians the first people to use coins?
No. The use of coins has been traced back as far as the Lydians about 700 BCE
What is lydians?
first to use gold and silver coins
What did the Lydians invent that we use today?
Lydians have invented coins, in which we still use today. In fact, they were the first to mint(make) coins.
