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Pablo History Of money
Transcript of Pablo History Of money
Ms. Voss' class
The needs of mankind have evolved over time
A new devolution of paper currency was made.They made ATM witch is a machine that you slide your credit card and you get money.It was easier for people to walk on the street because in the old days people would come and steel you.But now if they steel your credit you can call the bank and cancel.This changed people lives with the new idea they created.
People changed from shells to metal coins.Some people disagreed because the shell could be to small or too big.But now people can put a value on it.Metal coins are made out of sliver,bronse,gold and copper.They are also stamped with a mark of authenticity.Thanks on coins evryone has agree that value of a coin is equal.
People changed from metal coins to paper currency.They changed because they runned out of metal and it was to heavy.They started printing on paper to stand for money.They used a mixture of different materials so that it couldn't get copied.It was easy to carry and easier to make.People still use metal coins but paper currency is much more popular in the world.
Around 1200 B.C people stopped trading and started using natural resources as money like animals, food, and ground materials like rocks and other stuff. The reason people stopped trading was some people disagreed with you they would say you shell is to big or to small. Another thing was it was to hard to carry. Everyone agreed that it was easy to buy or get what you wanted. Now shells are very use full.
Before people used, money they traded. Trading is when you exchange one item for another item. For example people traded goods, resources, livestock. People traded to change and get resources they didn't have before.It helped people get healthier and travel to different places. To find new resources trading was a important step on the way to money.
9.000 B.C and earlier
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