What is the history of money?
The history of money traces back to ancient civilizations, where bartering was the primary form of trade. As societies grew more complex, the need for a standardized system of exchange became necessary, leading to the development of various forms of currency such as coins, paper money, and digital currency. Throughout history, different cultures have used items like shells, precious metals, and even livestock as a medium of exchange. Today, money continues to evolve with advancements in technology and globalization, shaping the way we conduct transactions and manage economies.
This mind map was published on 26 February 2024 and has been viewed 128 times.
