The use of money is as old as the human civilization. Money is basically a method of exchange, and coins and notes are just items of exchange. But money was not always the same form as the money today, and is still developing.
The basis of all early commerce was barter, in other words the direct exchange of one product for another, with the relative values a matter for negotiation. Subsequently both livestock, particularly cattle, and plant products such as grain, come to be used as money in many different societies at different periods. Cattle are probably the oldest of all forms of money, as domestication of animals tended to precede the cultivation of crops. The earliest evidence of banking is found in Mesopotamia between 3000 and 2000 B.C. when temples were used to store grain and other valuables used in trade.
Word #1 :
proto-money
Word #2 :
cowrie
Word #3 :
wampum
Word #4 :
payment
Word #5 :
currency
Question #1 :
What forms of early proto-money have been used by different societies at different times?
Question #2 :
Who made the earliest coins? What type of metal did they use?
Question #3 :
Who started the use of paper money?
Question #4 :
What is barter?
Question #5 :
Why did it take a long time for Europe to use paper money?
Jordan is located in the heart of the Middle East, Northwest of Saudi Arabia, South of Syria, Southwest of Iraq, and East of Israel and the Palestinian National Authority.
Jordan is reputedly in tourist sites and the best of tourist site is
Petra
a historic and archaeological city which has carved in the rock. Established sometime around the 6th century BC as the capital city of the Nabataeans. Petra was chosen as one of the New Seven Wonders of the World in 2007,Petra was chosen by the BBC as one of the 40 places you have to see before you die.
Jerash
one of the largest and most well preserved sites of Roman architecture in the World outside Italy. To this day, its paved and colonnaded streets, soaring hilltop temples, handsome theaters, spacious public squares and plazas, baths, fountains and city walls pierced by towers and gates remain in exceptional condition.
Dead Sea
Its surface and shores are 422 meters below sea level, the lowest elevation on the Earth's surface.