Two of the most commonly accepted theories for the origin of money are the commodity theory and the chartalist theory. Both ...
1,200 BC: Cowrie Shells The first use of cowries ... 1,000 BC: First Metal Money and Coins Bronze and Copper cowrie imitations were manufactured by China at the end of the Stone Age and could ...
The cowrie, a type of marine snail, has very colourful shells which were used as money. It seems that it wasn’t just the colours that made the shell appealing - its small size and durability ...
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