2006-12-27 03:32:33 · 4 answers · asked by makateryne 1 in Arts & Humanities ➔ History
The Phoenicians. They were merchants and traveled very far in their ships, according to the time
2006-12-27 03:55:01 · answer #1 · answered by Dios es amor 6 · 0⤊ 1⤋
The Mesopotamians, they first used bartering to exchange goods but later invented the idea of exchanging materials for coin-like money. They were the first to invent money.
2006-12-27 05:17:13 · answer #2 · answered by ImAssyrian 5 · 0⤊ 0⤋
I heard the Chinese invented paper money, but money is just a representation of goods and promises they have goods worth that much. The Chinese traded with golds and other items of worth, but there was a risk it could get stolen, so they created paper vouchers that were worth the amount of golds, and then exchange for them at banks. There were gold coins and whatnot earlier in other places, but that's basically a smaller version of trading gold, not money.
2006-12-27 03:43:35 · answer #3 · answered by Dr. Psychosis 4 · 1⤊ 0⤋
As we understand money in the western sense, the Lydians were the first to stamp money. They existed in persent day turkey and first stamped money in about 700 B.C. out of electrum (an alloy of gold and silver).
2006-12-27 03:43:45 · answer #4 · answered by Anonymous · 0⤊ 0⤋