-
Were first used as money in China around 1200 BC. -
Were made in Lydia, in present day
Turkey, in the 7th century BC and soon spread all
over the Mediterranean countries. Lydian coins were
made from a mixture of gold and silver and they were stamped with the
badge of the King. -
In Europe, we have entered the third millennium with a common European currency: the Euro. (date ????) -
Are simply signed instructions to banks to pay money directly from
one account into another. The first cheque was handled by British bankers
Clayton and Morris in 1659. -
Was first used in the 11th century by the Mongolian Emperor,
Kubla Khan, in China. European banknotes appeared in 1661 and were issued in Stockholm, Sweden. -
Were invented by the American
saloon-bar owner James Ritty in 1879. His objective
was to stop dishonest employees from stealing money. -
Or ‘plastic money’, enable people to buy
things or services and pay for them later by means of
cash or a cheque. The first credit card was issued in
1950 by the Diner’s Club and could be used in any one
of 27 restaurants in New York. Today, all banks issue
their own credit cards, which can be used all over the
world. -
First used in the USA in 1995, will probably be the
money of the future.