Monday, December 10, 2007

Money, Money, Money!

Money has changed a lot. There are lots of different kinds of ways to buy things. Before we had cash we traded things, then we came up with gold coins, and then paper money.

Before they had money, people used to trade things. People who had cows traded with people that had grain because the people with cows didn't have any grain. They stopped trading because they figured out that they can just buy things.

At markets they allowed people to trade gold coins for food and stuff. Then they had a brilliant idea! They marked the weights of the gold coins and that's how much it was worth. They put prices on stuff and then bought them.

Finally, they switched to cash. People were getting annoyed because the line took so long to pay with coins. Paper money is faster, easier and it wasn't as heavy. Our system is working out fine for now, I think.

1 comment:

Julee Huy said...

wow bubbas!!!!!!!!!!!!!!!!!!!!