Money. Why did the money appear?

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One of the ways to get the necessary items – skins,

One of the ways to get the necessary items – skins,

weapons, food, etc. – was a forceful seizure. But the costs of such a method of extraction were too great, which were expressed in the loss of people both on the part of the attackers and on the part of the defenders. Endless attacks on each other could completely lead to the destruction of the tribes.

Why did the money appear?

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In ancient times, each country had its own currency. For example:

In ancient times, each country had its own currency. For example:

in

Africa, goods were bought for elephant wool;
in Iceland – for stone money;
on the island of Fiji - for ivory;
in Siberian regions - for tea briquettes;
in the Solomon Islands - for tobacco;
in South America and on the islands of Oceania – for pearls and shells;
in New Zealand - for stones with a hole in the middle, etc.
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When and in what year did the first money appear? According

When and in what year did the first money appear?

According to

historians, the first prototypes of coins appeared in the ancient Lydian kingdom and China in the 7th century BC.

The decision to make money only from gold was made taking into account the following factors:

Corrosion resistance.

Durable and rare material.

Minimal risk of inflation, as gold was valued in all countries.

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What did the first money look like?

What did the first money look like?

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Functions of money Measure of value Means of communication Means of

Functions of money

Measure of value

Means of communication

Means of payment

Means of accumulation

World

Money