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Egyptians were making metal rings which some historians think they used as money
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In China, rather than exchanging objects like tools and weapon, a system of using miniature replicas of the objects to be traded was used instead of the objects themselves.
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In China the first paper money was being used.
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The first coins were made.
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Around 650 B.C in China, the first paper money was being used. After in 1685 Canadian colonies began to use paper money too and this innovation led to ha huge increase in international trade.
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The first gold coin was minted by the Lydian king Croesus. Then, about 1600 Europeans were using coins made of metal.
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Electrum is a naturally occurring alloy of gold and silver, with trace amounts of copper and other metals. It has also been produced artificially and is often known as green gold.
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The first known gold coin was minted by the Lydian King Croesus.
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Europeans were using coins made of metal taken from their colonies overseas.
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Canadians colonies began to use paper money. This innovation led to a huge increase in international trade.
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Spanish eight real coin was often split up into bits to pay things.
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In the 1700s Spanish eight real coin was often split up into bits to pay for things.
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A Spanish eight real coin was often split up into bits to pay for things, leaving the bits as change. 'Bit' was an English term for a small coin.
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The threepenny was only scrapped in 1971
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In the modern world, many people use plastic cards called debit cards to pay for things.
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People also use money they don't even have yet by paying with credit cards.