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ONEFAN51

There can be no tomorrow if there is no today
Articles Posted: 13  Links Seeded: 32
Member Since: 8/2010  Last Seen: 4/11/2012

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The History of Money

Seeded on Tue Aug 2, 2011 12:28 PM EDT
Read ArticleArticle Source: PBS
money, history, economics, currency, barter, electronic-money
Seeded by onefan51
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Barter is the exchange of resources or services for mutual advantage, and the practice likely dates back tens of thousands of years, perhaps even to the dawn of modern humans. Some would even argue that it's not purely a human activity; plants and animals have been bartering—in symbiotic relationships—for millions of years. In any case, barter among humans certainly pre-dates the use of money.

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  • Public Discussion (3)
onefan51

Cattle, which throughout history and across the globe have included not only cows but also sheep, camels, and other livestock, are the first and oldest form of money.

The development of money and how money is used has come a long way.

CoH please.

    Reply#1 - Tue Aug 2, 2011 12:32 PM EDT
    Kavika

    Good article onefan51..

    NA's didn't use money until the Europeans landed on our shores. Money was not of important to us.

    • 2 votes
    Reply#2 - Tue Aug 2, 2011 4:00 PM EDT
    onefan51

    Thanks Kavika.

    For the love of money is a root of all kinds of evil.

    Obviously, this is something Native Americans clearly understood long before the arrival of Europeans upon their shores.

    • 1 vote
    #2.1 - Tue Aug 2, 2011 4:13 PM EDT
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