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1. History of money- The invention of money took place before the beginning of written history.

[2][3]
Consequently, any story of how money first developed is largely based on conjecture and logical
inference.The significant evidence establishes many things were bartered in ancient markets that could
be described as a medium of exchange. These included livestock and grain – things directly useful in
themselves – but also merely attractive items such as cowrie shells or beads[4] were exchanged for
more useful commodities. However, such exchanges would be better described as barter, and the
common bartering of a particular commodity (especially when the commodity items are not fungible)
does not technically make that commodity "money" or a "commodity money" like the shekel – which
was both a coin representing a specific weight of barley, and the weight of that sack of barley.[5]Due to
the complexities of ancient history (ancient civilizations developing at different paces and not keeping
accurate records or having their records destroyed), and because the ancient origins of economic
systems precede written history, it is impossible to trace the true origin of the invention of money and
the transition from "barter systems" to the "monetary systems". Further, evidence in the histories[6]
supports the idea that money has taken two main forms divided into the broad categories of money of
account (debits and credits on ledgers) and money of exchange (tangible media of exchange made from
clay, leather, paper, bamboo, metal, etc.).Regarding money of account, the tally stick can reasonably be
described as a very primitive ledger – the oldest of which dates to the Aurignacian, about 30,000 years
ago.[7][8] While it may not be reasonable to conclude the most ancient tally sticks were used to keep
accounting records in the monetary system sense of the term, their existence does show that
"accounting" – keeping a written record of things counted – is far more ancient than many people
assume. The 20,000-year-old Ishango Bone – found near one of the sources of the Nile in the
Democratic Republic of Congo – seems to use matched tally marks on the thigh bone of a baboon for
correspondence counting. Accounting records – in the monetary system sense of the term accounting –
dating back more than 7,000 years have been found in Mesopotamia,[9] and documents from ancient
Mesopotamia show lists of expenditures, and goods received and traded and the history of accounting
evidences that money of account pre-dates the use of coinage by several thousand years. David Graeber
proposes that money as a unit of account was invented when the unquantifiable obligation "I owe you
one" transformed into the quantifiable notion of "I owe you one unit of something". In this view, money
emerged first as money of account and only later took the form of money of exchange.[10]
[11]Regarding money of exchange, the use of representative money historically pre-dates the invention
of coinage as well.[2] In the ancient empires of Egypt, Babylon, India and China, the temples and palaces
often had commodity warehouses which made use of clay tokens[2] and other materials which served
as evidence of a claim upon a portion of the goods stored in the warehouses.[12] Because these tokens
could be redeemed at the warehouse for the commodity they represented, they were able to be traded
in the markets as if they were the commodity or given to workers as payment.While not the oldest form
of money of exchange, various metals (both common and precious metals) were also used in both barter
systems and monetary systems and the historical use of metals provides some of the clearest illustration
of how the barter systems gave birth to monetary systems. The Romans' use of bronze, while not among
the more ancient examples is well documented, and it illustrates this transition clearly. First, the "aes
rude" (rough bronze) was used. This was a heavy weight of unmeasured bronze used in what was
probably a barter system—the barter-ability of the bronze was related exclusively to its usefulness in
blacksmithing and it was bartered with the intent of being turned into tools. The next historical step was
bronze in bars that had a 5-pound pre-measured weight (presumably to make barter easier and more
fair), called "aes signatum" (signed bronze), which is where debate arises between if this is still the
barter system or now a monetary system. Finally, there is a clear break from the use of bronze in barter
into its undebatable use as money because of lighter measures of bronze not intended to be used as
anything other than coinage for transactions. The aes grave (heavy bronze) (or As) is the start of the use
of coins in Rome, but not the oldest known example of metal coinage.

2 What is the Greek Mythology of money- lutus /ˈpluːtəs/ (Greek: Πλοῦτος, Ploutos, literally "wealth") is
the Greek god of wealth. He is either the son of Demeter and Iasion, with whom she lay in a thrice-
ploughed field; or the child of Pluto and Persephone. In the theology of the Eleusinian Mysteries he is
regarded as the "Divine Child."

3. Which country money first used. The Mesopotamian shekel – the first known form of currency –
emerged nearly 5,000 years ago. The earliest known mints date to 650 and 600 B.C. in Asia Minor,
where the elites of Lydia and Ionia used stamped silver and gold coins to pay armies

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