When did the money appear?

Money is a commodity through which to buildeconomic relations in society. Money is equivalent to the value of other goods and various services. This complex phenomenon is invented by people for people. To better understand this issue, let's see when the money appeared, take a look at their history.

When the first money appeared

It is probably difficult for us now to believe thatonce there was no money at all. And so it really was. Earlier people changed the goods for the goods: you are a pig to me, I am a goose to you. Agree, it is not very convenient, because a person may not always be able to exchange what is required by another. It took an intermediate commodity - money. Due to their real value and compactness, they became silver, and later gold.

Already in the 13th century BC. the first money appeared in the form of ingots of silver and gold. They had a certain weight, and measured their value. The coins from these metals became Lydians in the 7th century BC. Lydia (Asia Minor) - that's where the money appeared in the form of coins. As a guarantee for them, images were applied.

When paper money appeared

The time has come when people realized that writtenThe promise to pay on demand is also money, which is not dangerous to carry with you. The first paper money appeared in 910 AD. in China. They were like a receipt, which the merchant received in the capital, giving his coins to the government. And when he came home to the province, he changed this receipt back to coins.

Since coins stored in prototypesmodern banks, lay dead weight and were not in circulation, and people used only receipts for them, then these receipts began to play the role of real money.

Finally it is worth noting that the first issue of paper notes took place in 1718 in France. In Russia began to print paper money for the first time under Catherine II in 1769.

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When did the money appear

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