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Greek cities, to the west of Lydia, and the great Persian empire to the east are quick to adopt the useful new technique of metal currency. HISTORY OF MONEY
Understanding Money.....? It's Just a Tool! What Is The Power of Money
Money occupies a central position in our modern economy. Significance of Money in modern economic life
Last week, I did something I have never done before. I took out my credit card bill and categorised my payments into two columns: experiences and objects. Money makes the world go round and can buy happiness
Does money make the world go round? or does it make the world and humanity heartless Well, you are asking a question that has baffled and plagued human societies for thousands of years.
AlpheccaStarsThe "worth of money" and what makes it change would be an interesting subject to discuss.. What do you mean now? Do you mean the change of the worth (like 1 euro last year - 1.20 now) or do you mean the same that I meant above? The importance of money?
History of money Many things have been used as medium of exchange in markets including, for example, livestock and sacks of cereal grain (from which the Shekel is derived) – things directly useful in themselves, but also sometimes merely attractive items such as cowry shells or beads were exchanged for more useful commodities. Precious metals from which early coins were made fall into this second category. Numismatics is the scientific study of money and its history in all its varied forms.
A sample picture of a fictional ATM card. The largest part of the world's money exists only as accounting numbers which are transferred between financial computers. Various plastic cards and other devices give individual consumers the power to electronically transfer such money to and from their bank accounts, without the use of currency. Money