And, 7,000 years ago, money was invented. Not everyone had everything. We always had something in surplus, and we always needed something that the other person had. Thus, we started exchanging our ...

Throughout history, there’s been a variety of things used the same way money is today. Before money was invented, things like livestock, rocks, shells, beads and metals like gold and silver were ...

Though this distinction between money and currency is important in some contexts, for the purposes of this examination of the history of money, the terms are used interchangeably. Money is a ...

Traditionally, two theories on the origin of money exist. The first is the commodity theory, which proposes that money was developed to facilitate internal barter between community members.

MONEY PREDATES history. Before the ancient Mesopotamians invented the means of writing they had invented accountancy, using cuneiform symbols to track the flow of goods into and out of temples.

One very early example of this is Yap Island’s unique system of currency known as the “rai stones,” an example of commodity money. The value of this stone was determined by its history and ...

The history of women and money is one of unequal standards and more recent developments than you might expect. I had several conversations with some friends of mine – female financial leaders ...