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Paper money revolutionized trade and commerce by providing a more convenient and portable medium of exchange compared to coins or barter systems. It facilitated large transactions, enabling economic growth and the expansion of markets. Additionally, the introduction of paper currency allowed governments to manage monetary policy more effectively, influencing inflation and economic stability. Overall, paper money played a crucial role in shaping modern economies and financial systems.
What else can I help you with?
How did the Chinese spread the paper money from other parts of the world?
Type your answer here... paper money where it later spread to
Were in the world was the first paper money use?
China
How did Chinese paper money change the world?
Because Asian rocks
Where in the world was paper money first used?
First created and used by the Chinese
What year did the world start using paper money and coins?
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)
What is world war 1 paper money made out of?
paper :)
How did the Chinese spread the paper money from other parts of the world?
Type your answer here... paper money where it later spread to
How did paper affect the Chinese?
The impact origami had on china when it first stared was that every one in the world would pay mad money to get there hands on origami
Were in the world was the first paper money use?
China
What was the first Chinese dynasty to printed the first paper money used in the world?
The Song was the 1st Dynasty to develop paper money.
Whom did the invention of paper affect?
This affected the whole world because now every one you's paper
How did Marco Polo's discoveries affect us now a day?
For one, I think Marco Polo introduced the concept of paper money from China. They already had paper in Europe, but no one had thought to print money from it.
How did Chinese paper money change the world?
Because Asian rocks
What was shinplaster?
paper money paper money
Where in the world was paper money first used?
First created and used by the Chinese
How did paper money spread throughout the world?
Paper Money was first created by the Chinese around 600 AD. When the Mongols invaded, it was still there. So, Mongol traders spread it around the world while trading themselves. Hope it was a help!
How did World War 1 afect the US?
world war one affect the us they had get a alot of money
