The history of money concerns the development of social systems that provide at least one of the functions of moneysuch systems can be understood as means of trading wealth indirectly not directly as with barter money is a mechanism that facilitates this process money may take a physical form as in coins and notes or may exist as a written or electronic account. Money in some form has been part of human history for at least the last 3000 years before that time it is assumed that a system of bartering was likely used. Representative money has now been replaced by fiat money fiat is the latin word for let it be done money is now given value by a government fiat or decree in other words enforceable legal tender laws were made by law the refusal of legal tender money in favor of some other form of payment is illegal. The history of money what is money by definition its something of value but over the last 10000 years the material form that money has taken has changed considerably from cattle and . History of money including better than barter safe in the temple the first mint bronze coins in china greek and roman financiers origins of todays currencies paper money in china bank notes in europe minting shells
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