THE MONEY EVOLUTION

By Nerea B
  • 1200 BCE

    Cowry shells

    Cowry shells
    The cowry shells were first used as money, and was invented around 1200 B.C, in China, by the chinas people.
  • 600

    Coins

    Coins
    The coins are invented in the 7th century, in Lydia by the Lydians. Lydian coins were made from a mixture of gold and silver and they were stamped with the badge of the King.
  • 1100

    Paper money

    Paper money
    The paper money was invented in the 11th century, in Chaina. Was first used by the Mongolian Emperor, Kubla Khan.

  • Cheques

    Cheques
    The cheques was invented in 1659, in Egland, by the inventors Clayton and Morris. These are simply signed instructions to banks to pay money directly from one account into another.

  • Cash registers

    Cash registers
    The cash registers was invented in 1879, in American saloon-bar owner James Ritty. His objective was to stop dishonest employees from stealing money.

  • Credit cards

    Credit cards
    The credit card was invented in 1950, in New York, by Diner’s club. The credit card or ‘plastic money’, enable people to buy things or services and pay for them later by means of cash or a cheque.

  • Digital money

    Digital money
    The digital money was invented in 1995, in USA, and this will probably be the money of the future