Money is the most liquid asset to exchange for various goods. They can buy almost any material value in this world. The history of money originates from ancient times and passes through many epochs known to mankind. Let us examine in more detail their evolution and formation as the main subject for trade.
With the development of man, the development and discovery of countries, active trade in various goods among the nations of the world began. The ancient tribes acquired the necessary products not for money, but for other means of exchange. Depending on the territory, people sold and bought different food, goods, etc. One of the popular exchange units was grain, but such a “currency” was very unstable: the amount of the crop depended on the season and climatic features of the year. Over time, it became very inconvenient to use such means of payment, so it became necessary to create another unit.
Gradually, various metals began to play the role of money: copper, iron, silver and others. At first they were transferred in the form of utensils, then they began to be produced in the form of ingots. However, the ingots needed to be constantly weighed, to determine their sample, they were too large and heavy for constant turnover. Over time, people began to stigmatize to prevent fraud and fraud. Thus, the first mints appeared, where they began to mint coins. The first coins in Europe appeared in the VII century BC. in the year 687. They were minted in Libya from a special alloy of gold and silver, which was called the "electron". For fifty years, such money has been firmly established in circulation in many countries around the world. In China, coins were made of copper and had a hole in the center. Because of the convenience of transportation, they were minted and were in circulation almost until the 20th century.
In the eighth century in China, a problem became apparent: the stocks of raw materials for the manufacture of coins were exhausted. Then the authorities of the country found another solution - instead of copper, they used small pieces of paper with hieroglyphs written on them. At first it was receipts for various values that were laid in the shops of usurers. The appearance of the first paper money dates back to 910. In the XIII century, paper money began to be exchanged for gold, which is why they were actively and in large quantities forged. Despite the fact that it was a big crime, the case brought substantial income.