Money - Jun 20, 2008
by henmylyn475 words, article
Money around the world. What is money?How was money invented?. Money is more than just paperbills and metal coins....
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Excerpt
COINS AND BILLS Once people started trading metals as money, coins were soon invented. A Turkish kingdom called Lydia made the first metal coins around 600 bc. The coins were stamped with the king’s seal. About the same time, people in China began to use paper money. In the past, paper money often stood for a precious metal like gold. You could go to the government or a bank and trade your paper bills for actual gold. Today, in most countries, you can’t trade paper money for precious metals....