MONEY

BY: Yahia Ahmed

SPONSORED BY MONEY HEIST
 history of money
People used to barter before the world began using
money. The world's oldest known coin minting site
was located in China, which began striking spade
coins sometime around 640 BCE. Since then, the
world adopted banknotes and moved into digital
forms of payment, including virtual currencies.
What is Money?
A medium of exchange that is centralized, generally accepted,
recognized, and facilitates transactions of goods and services
 Evolution of
Money
•In the Beginning: Barter
•1000 B.C. : Metal Money and Coins
•806: Paper Currency
• 1816: The Gold.
•1930: End of the Gold
• 500 B.C.: Modern Coinage
Standard
•118 B.C.: Leather Money (China)
•The Future: Electronic Money
•The Present
Functions of Money and
why they are important
money has taken many forms through the ages, but money
consistently has three functions: store of value, unit of account, and
medium of exchange.
Different Ways to Spend
Money
• Spend on Experiences Rather Than Things.
• Buy Material Goods That Help Improve
Experiences.
• Buy Gifts for Others (present).
• Donate To Charity e.g emirates red crescent.