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Mystikal ET0016
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Mystikal ET0016
Asked: July 14, 20202020-07-14T17:06:28+02:00 2020-07-14T17:06:28+02:00In: People & Society

how did money start

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how did money start
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    1. Zholie
      Zholie
      2020-07-25T19:10:33+02:00Added an answer on July 25, 2020 at 7:10 pm

      I think money started in Africa when the western world decided to colonize us,
      From barter trade which was exchange of goods for goods to use of cowrie shells which later evolved into money.
      And now money is the biggest cause of death in the world

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    2. Bakoma Hanricharms
      Bakoma Hanricharms
      2020-08-29T06:57:02+02:00Added an answer on August 29, 2020 at 6:57 am

      As money is considered more precious.and as a legal tender to it start by a general acceptable metal to be value as a high quality and also to be used in the purpose for purchasing and the settlement of debt

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    4. Mosongo Mobarak
      Mosongo Mobarak
      2024-11-07T23:26:22+02:00Added an answer on November 7, 2024 at 11:26 pm

      The barter system likely originated 6,000 years ago. The first coin we know of is from the 7th century BC and the first paper money came into the world around 1020 AD. Eventually, medieval banking systems gave way to the gold standard, which in turn gave way to modern currency.

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