HISTORY OF MONEY
The history
of money concerns the
development of means of carrying out transactions involving a medium of
exchange. Money is any
clearly identifiable object of value that
is generally accepted as payment for
goods and services and repayment
of debts within a market or which
is legal tender legal within a country.
Many things have been used as medium
of exchange in markets including, for example, livestock and sacks of cereal,
grain (from which the Shekel is derived) – things directly useful
in themselves, but also sometimes merely attractive items such as cowry shells or
beads were exchanged for more useful commodities. Precious metals, from which
early coins were made, fall into
both categories
