TRANSFORMATION OF MONEY E-Book

Sebastiana Viphindrartin

• Herausgeber: BookRix
• Kategorie: Geisteswissenschaft
• Sprache: Englisch

Veröffentlichungsjahr: 2021

Beschreibung

Money was created as a way to make it easier for people to get the things they want. Over time, the way money is used and made has changed. Money is one of the earliest and most significant inventions of civilization, which was essential for commerce development. Without trading money, it is only in the form of bartering. Barter is a relationship between two people who each have something the other wants so that exchange occurs. This book about the history of Money, How money able to transform and able to easier to transfer base on history. 

Leseprobe

Sebastiana Viphindrartin, Regina Niken Wilantari

TRANSFORMATION OF MONEY

BookRix GmbH & Co. KG80331 Munich

Note

Note: This eBook is a guide and serves as a first guide. In addition, please get expert advice.

Credit

Author :

Dr. Sebastiana Viphindrartin

Universitas Jember, East Java, Indonesia

Dr. Regina Niken Wilantari

Universitas Jember, East Java, Indonesia

Dr. Bambang Hadi Prabowo

STIE Jaya Negara Tamansiswa Malang, East Java, Indonesia

Dr. Budi Sasongko

STIE Jaya Negara Tamansiswa Malang,East Java, Indonesia

Dr. Eddy Priyanto

STIE Jaya Negara Tamansiswa Malang,East Java, Indonesia

Editor :

Suryaning Bawono.S.E.M.Si

Publisher :

Triple Nine Communication

Singapore

Copy Right

©Sebastiana Viphindrartin,Regina Niken Wilantari,Bambang Hadi Prabowo,Budi Sasongko, Eddy Priyanto,Suryaning Bawono

All rights reserved. No part of this publication may be reproduced, stored on a retrieval system, or transmitted in any form or by any means, electronic, mechanical or photocopying, recording or otherwise without the publisher's prior permission.

Published by :

Triple Nine Communication Press

No 7 Temasek Boulevard#12-07

Suntec Tower One

Singapore, 038987

Singapore

Chapter 1 The History Of Money

Money was created as a way to make it easier for people to get the things they want. Over time, the way money is used and made has changed. Money is one of the earliest and most significant inventions of civilization, which was essential for commerce development. Without trading money, it is only in the form of bartering. Barter is a relationship between two people who each have something the other wants so that exchange occurs. When you understand the history of money, it helps to understand how to make good choices and trade goods effectively.

The way humans use money has even changed in recent years (2018). Money has been a part of human history for more than 3,000 years, from the origins of bartering to modern money to the current system that continues to evolve. Money has undergone many transformations. Basically, anything that represents value and can be traded for various goods can be money. From beads made from string, seashells, tokens, coupons, and nowadays crypto money appears. A group of people generally receives money in exchange for goods, services, or resources.

At that time, humans did not know money. Humans use cows, sheep, vegetables, salt, and grains as a medium of exchange to get the goods and services needed, which are called commodity money or goods money more than 3000 years ago (Orr, 2012: 14; Hanna, 2015: 48). In 1000 BC China started to produce coins (not coins) or metallic money.