Money

The history of money (Garazi and Alazne 4.A)

By Alazne Sabriá
  • 2500 BCE

    ANCIENT EGYPT

    ANCIENT EGYPT
    Around 2500BC Ancient Egyptians were making metal rings which some historians think they used as money.
  • 1100 BCE

    CHINA

    Rather tan exchanging object like tools and weapons, a system of using miniature replicas of the objects to be traded were used instead of the object themselves.
  • 700 BCE

    FIRST PAPER MONEY

    FIRST PAPER MONEY
    They started to use it in China
  • 700 BCE

    LYDIA (NOW WESTERN TURKEY)

    LYDIA (NOW WESTERN TURKEY)
    They used the first coins, they were made of discs of electrum (a natural mix of silver and gold) and stamped with pictures to show their value. The first gold coin was minted by the Lydian King Croesus

  • CANADIAN COLONIES

    CANADIAN COLONIES
    Canadian colonies began to use paper money too abd this innovation led to a huge increase in international trade.

  • SPAIN

    SPAIN
    If a pirate walked into your shop he might try to pay in pieces of eight. "BIT" was an English term for a small coin and was still used until very recently.

  • DEBIT CARDS

    DEBIT CARDS
    In the modern world many people use plastic cards called debit cards to pay for things.