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The History Of Money
The History Of Money
The History Of Money
The History Of Money
The History Of Money
The History Of Money
The History Of Money
The History Of Money
The History Of Money
The History Of Money
The History Of Money
The History Of Money
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The History Of Money

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www.sditraining.com.au

A short presentation summarising the history of paper money.

Published in: Entertainment & Humor
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  • 1. The History ofThe History of MoneyMoney
  • 2. First there was BarterFirst there was Barter  From 9,000-6,000 B.C., livestock wasFrom 9,000-6,000 B.C., livestock was often used as a unit of exchange.often used as a unit of exchange.
  • 3. ShellsShells  At about 1200 B.C. in China shellsAt about 1200 B.C. in China shells became the first medium of exchange,became the first medium of exchange, or moneyor money
  • 4. Metal moneyMetal money  China, in 1,000 B.C., produced mock cowryChina, in 1,000 B.C., produced mock cowry shells at the end of the Stone Age.shells at the end of the Stone Age. Ancient Chinese coinsAncient Chinese coins had holes in the middle sohad holes in the middle so that they could be carriedthat they could be carried on strings, making it easieron strings, making it easier to control large sumsto control large sums of moneyof money
  • 5. Silver coinsSilver coins  about 500 B.C., pieces of silver wereabout 500 B.C., pieces of silver were the earliest coins.the earliest coins. These coins wereThese coins were first shown in Lydiafirst shown in Lydia or Turkeyor Turkey
  • 6. Leather CurrencyLeather Currency  In 118 B.C., banknotes in the form ofIn 118 B.C., banknotes in the form of leather money were used in China.leather money were used in China.
  • 7. Notes and PaperNotes and Paper currencycurrency  99thth Century to 15Century to 15thth century Chinesecentury Chinese developed first paper moneydeveloped first paper money  Excessive printing caused massiveExcessive printing caused massive inflationinflation
  • 8. Gold StandardGold Standard  In 1816, England made gold aIn 1816, England made gold a benchmark of value.benchmark of value. Prevented inflationPrevented inflation The USA adopted theThe USA adopted the gold standard in 1900gold standard in 1900
  • 9. Hyper InflationHyper Inflation  In 1923 Germany experienced massiveIn 1923 Germany experienced massive inflation by printing excessive money toinflation by printing excessive money to pay it’s WWI debtpay it’s WWI debt Inflation reachedInflation reached 270% per week270% per week
  • 10. DepressionDepression  In 1930 America began a world wideIn 1930 America began a world wide trend to end the Gold standardtrend to end the Gold standard
  • 11. Plastic MoneyPlastic Money  In 1988 Australia invented the worlds firstIn 1988 Australia invented the worlds first plastic note that lasts four time longerplastic note that lasts four time longer than paper and is also fully recyclablethan paper and is also fully recyclable
  • 12. FutureFuture Digital cash and EFTDigital cash and EFT will one day replacewill one day replace currencycurrency

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