The invention and history of money

Money is a tool used as a means of exchanging goods or services. Because the money is the expression of the sovereignty and freedom of a country, the countries that feel strong have expressed their sovereignty around them by pressing their own money. Nowadays, approximately 160 kinds of currencies are in circulation. In this article, I will discuss the invention and historical development of money.

After the destruction of the frigate, King Gigges was founded in 687 BC, in the west of Anatolia, between Gediz and Menderes rivers, and the independent State named Lydia. The capital of this country is the city of Sardes, which was found around Manisa-Salihli in Turkey today. Sardes was one of the richest cities in the era. Known as the King's path; Due to the transportation of goods from Asia from the Aegean Sea to the important ports of Europe, they were getting a high amount of revenue. Thanks to this way, Lydians have been involved in a major commercial activity with the peoples of other known states of the world. As a result of these commercial activities, the need for cultural, technological and commercial developments in the field of great progress by registering their neighbors have become superior. Thus, the country's borders were expanded to the Red River in the east.

Commercial activities were prior to the exchange of goods. This situation has begun to naturally not satisfy people after a certain time. His work was wanted to be done by a vehicle that can accumulate the right to the goods in the trade. As a result, King Gigges was considered to be the first currency in history, and the tools used as a means of exchanging people's trade. The first coins are the golden and silver of the Pactolus River (a tributary of the Gediz River) flowing in the middle of the city of Sarses, the capital of Lydian, and the emblem of the Lydian king on aluminum, nickel, bronze mixture, the eagle-head figure metal Ingots are manufactured. In Croesus period, ingots were printed separately as gold and silver. In the 700 B.C., the Assyrian ruler was found in the period of the Sennacherib, while silver bullion was printed, but they were not specified in any written source. The Lydians ' function was recorded by Herodotus, saying the Lydian discovered the money.

First money in Islam was printed during the period of Hz. Omer in 639. The first paper money (banknote) on Earth was printed in China in 806. The first paper money in Europe was printed and used in Sweden/Stockholm in 1660. A few years later, the use of paper money has begun in the UK. Paper Money 18 on the Americas. It was used from the beginning of the century.

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The invention and history of money