Thursday 3 December 2015

A bit of history

History and geography have very close ties. As such, I have to provide a bit of background to money, so here it is;
  As you may have guessed, money began as a simple trade commonly consisting of  livestock for things like food or items of value.
The trade system evolved slowly, notably in Mesopotamia, they used the shekel, a unit of weight based on the mass of items like 160 grains of barley.- Wikipedia. However the first use of coins was in Lydia (Within modern day Turkey) where they stamped gold and silver coins. This meant that Bankers used receipts to give to their clients, so rather than carry the heavier coins around, most people simply used these receipts as paper money or cheques!

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