The story of money

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2018-03-25 11:15:08

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We've all learned that money is an essential element in every man's life that everything in the world has its price, and in order to get something, you must first have the cost of this "something" in monetary terms. But not all of us wondered what is the story of money, do not immediately people came up with so convenient an opportunity to purchase what is necessary.

The Ancient history of money

Before the advent of money between most of the existing States has successfully used barter (mutual benefit - "you - I, I - you"), but over time people began to understand that different products have different value to exchange, for example, a clay jug of bread is extremely beneficial. Yes, and not just, for example, a dairy farmer can exchange his milk for the fish, as the fisherman milk was not interested, he needs bread and the Baker, in turn, required wheat. And while the milker will go around the whole circle, he and fish have become not necessary.

Then, gradually in different countries began to introduce certain items as money. For example, most Indian tribes used pearls or shells, other people, animal skins, furs, or cattle, and only later, during the great of Russia, money was considered as bars of salt, for example, in Ethiopia. Cowrie shells were also common cash advantage in some countries in Africa, Thailand, and India. And only after all that, people started to enter as money metals. Thus began the modern history of money.

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Course cash development

First, in most countries, the monetary units were used ingots of copper, silver and other metals have different weight ratings. Gold bars were used only in a few small States (Libya, Pakistan), and other countries, has officially declared a gold ingot as currency, it was prepared from an alloy of copper, gold and silver, but at first glance to distinguish it from real gold was hard since the copper gave a natural yellow color. Therefore, we can say that these States were involved in the falsification of the product.

Then, in the seventh century BC, began to introduce coins made of metal. Accordingly, the greatest value of them had gold coins, followed by silver, and of copper - the most common and widely used. Called them standards and staters. Similar in appearance they were regular beans.

Where did the ruble?

Metal money in the history of Russia appeared in the late ninth century. Silver bullion began to cut into several approximately equal parts. So came the name - the ruble.

How did the first paper money

In China, the money had a very unusual design - a round and flat coin with a square hole in the middle. It had to be for convenience - they were strung on thread and hung on the neck. But over time, people realized that the so-called "necklace" - a heavy burden, and began to pass the coins under receipt - a written obligation, which was allowed at any time to take them back and use them. Accordingly, over time, lenders and banks have become a familiar phenomenon, and receipts became popular and was often used among the people. So in 910 year in China created the first paper money. The bark of the mulberry tree served as the basis for the paper.

In Russia the history of paper money only began in 1769 when Catherine II had introduced this idea in the country. But the development of paper money in our country got rapid.

Now, more and more every year are forced out of the constant use of coins (pennies are now almost never used, and if they were, then only ten), they are replaced by paper money (not so long ago introduced a bill in the amount of five thousand rubles).


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Alin Trodden - author of the article, editor
"Hi, I'm Alin Trodden. I write texts, read books, and look for impressions. And I'm not bad at telling you about it. I am always happy to participate in interesting projects."

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