February 4, 2019

Why do they say money makes the world go around?

Because it buys about everything we need to survive: food, homes, gas for our cars, electricity, heat, water, and cookies-and-cream milk shakes. People invest money in […]
February 6, 2019

How did people buy things before money?

They didn’t buy – they bartered! Tens of thousands of years ago, when humans began establishing villages and farms rather than following herds of animals, they […]
February 6, 2019

When did people start using money?

Around the year 1200 B.C., people in China started using mollusk shells called cowries to trade for goods. Cowries became the world’s first form of currency, […]
February 6, 2019

When did people start using coins?

The first chunks of change you’d recognize as coins – round lumps of precious metals impressed with mages of gods and rulers – appeared around 700 […]