FINANCIAL LITERACY CRO TEŠ POSTER HISTORY

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History of money Money has been a part of human history for almost 3,000 years. From the origins of bartering to modern money

Napravila: Anja Grlić, 3.c

The first known currency was created by King Alyattes in Lydia, now part of Turkey, in 600BC. The first coin ever minted features a roaring lion.

Bartering is a direct trade of goods and services Coins then evolved into bank notes around 1661 . The - I'll give you a stone axe if you help me kill a first credit card was introduced in 1946. mammoth - but such arrangements take time. Money derives its value by being a medium of The stability of a particular monarchy or exchange, a unit of measurement and a storehouse for government affected the value of the country's wealth. currency and the ability for that country to Money allows people to trade goods and services trade on an increasingly international market. indirectly, understand the price of goods The competition between countries often led to currency wars, where competing countries would try to affect the value of the competitor's currency by driving it up and making the enemy's goods too expensive


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