China
China was the first country to use both paper money and the printing press.
The first country to make use of paper money is China. This innovation began during the Tang Dynasty (618–907 AD) and became more widespread during the Song Dynasty (960–1279 AD). The use of paper currency facilitated trade and commerce, eventually influencing monetary systems around the world.
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)
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
Paper is made by cutting pieces of wood from trees and thinning it small and some other stuff done by machines to make it look more factory-made. well paper has quite a lot of uses so I'm sure it made a GREAT impact on the world. for instance: Japan could now create the essence of Origami. also the more obvious and probably the first use of paper was to draw on. paper was a very great way to fill up the hole of boredom- and it still is! Paper is light and can be written on easily. If it wasn't for paper, then we'd probably still be carving on rocks and writing on bamboo and silk! But we also need to thank the pen, or else we'd have nothing to write with! Paper was first invented in China and basically the same processed is still used today. First chop up the wood into coarse "sawdust". Second use a solvent (early pulp paper used acidic solvents which yellowed the paper over time, modern solvents are usually nonacidic) to dissolve the lignin to make a wood paste. Third spread the paste on a "web" and allow it to dry (solvent evaporate, the lignin resolidifies). Fourth remove the paper from the "web" and trim to desired size. One major impact was development of paper money, making economic growth rates independent of supplies of precious metals.
The first people to use paper money were the Chinese during the Tang Dynasty in the 7th century. The government issued the world's first official paper money to reduce the need to carry heavy metal coins.
The first users of paper money where in China
china
China was the first country to use both paper money and the printing press.
paper money was first used because of a metal shortage
china ithink
China
The Monarch of the United Kingdom (currently Queen Elizabeth II) and China was the first country 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.
1690
The first country to make use of paper money is China. This innovation began during the Tang Dynasty (618–907 AD) and became more widespread during the Song Dynasty (960–1279 AD). The use of paper currency facilitated trade and commerce, eventually influencing monetary systems around the world.
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)