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The History of Money

When humans created the first civilizations about 5,000 years ago, the concept of currency and money soon followed.

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The History of Money
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    How Did Paper Money Develop in the Premodern World?

    How Did Paper Money Develop in the Premodern World?

    Paper money (also banknote or bill) was first invented in China’s Song Dynasty (CE 960-1279) after a long process that can be traced back to the 3rd …

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