Could modern money be there problem? What is ancient currency?
Looking at the world today, transportation has made life easier for many all thanks to advancement in technology. I can remember those days we'll travel to far distances of camels and bikes but now, it's the reverse. Technology has aided movement comfortably and faster. What about today? The increment in fuel price has made transportation difficult for people as they'll have to pay double or triple of what they usually pay.
Ancient Currencies |
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Ancient currencies have a rich history evolving from barter systems to standardise form of money. Early societies use commodities like grain's, livestock, and shells as medium of exchange. Metals objects, such as cowrie shells and bronze tools, became primitive forms of currency. The introduction of coin in Lydia(modern day turkey) around 7th century BCB Mark a significant development.
The coins were made of precious metals like gold, silver ,and bronze bearing symbols and rulers likeness. As civilization advanced coinage,spread across culture including the Greek drachma, Roman denarius, and Chinese Wushu.
Paper money originated in China during tang dynasty (7th-10th century) and later evolved during the song dynasty (11th- century). It was initially use as a form of promissory notes or banknotes facilitate trades and reduce they need to carry heavy metal coin.
who's design ancient currency |
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Ancient currency was design by virus civilization throughout history and the specific designers are often unknown. It was typically crafts by skills artisan or authorises in charge of minting coins, often under authority of rulers of governments difference civilization and culture had their own unique design and symbol of their currency's.
when do we stop using ancient currency |
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When do we stop using ancient currency; many people have to know about this when we stop using ancient currency in different states, this is our it was proceed transitioning from ancients modern currency involves various steps including evaluating the the historical value of ancient coins or notes, researching their markets worth finding collectors all reputable buyers, and potentially exchanging them from Modern currency.
It's essentially to consider the rarity conditions,And the mind for this artifacts. Consulting numismatic expect or historian can provide values guidance in this process.
when did ancient currency expired and where did we get the new ones |
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When did ancient currency expired and where did we get the new ones; these are things many people should know do due to my explanations Asian currency did not have expiration like modern ones. They were use until they will no longer accepted again due to changing a ruler regime's, or economic circumstance.
As for obtaining new currency you would typically exchange goods, services,or precious metals like gold, and silver for new currency at mints, trading centre, or bank of that time.
who's used modern currency first |
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Who's used currency first; okay we have come to the end of this teaching yes I can call it teaching because many people in different states don't know about this I decided to bring it up. Due to my understanding modern money as we understand it today I've been used by various country around the world.
The concept of modern money, backed by a central authority and used for transaction evolve overtime. The Lydians in ancient Anatolia (modern -day Turkey) are often credited with creating some off the earliest example off coinages around 7th century busy BCE , which laid the Foundation of modern money system.
However, it's important to note that the evolution of money is a complex and gradual process that involves multiple civilizations and region. Thank you all for this listen to the lesson
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