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The History Of Pape Paper Money

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The History Of Pape Paper Money
A lot of early history is composed of luck and chance. With no guidelines on what to do or how to do things, ancients humans had to stumble across and accidently create inventions that have changed humanity. Over the course of time, however, humans have become smarter. We started to formulate an idea of how life worked and what things we needed to create. From there we slowly moved past necessities and started to have surplus and create things for entertainment purposes. We moved away from innovating to survive and started moving towards innovating to thrive. We can visualise this evolution through the study of primary sources. A primary source is an artifact, a document, a recording, or other source of information that was created at the time under study(Merriam-Webster). The primary sources show how we become more and more intelligent as time went on. …show more content…
The inconvenient coins were being replaced with paper bills that didn’t have as much legitimate value as the coins however, they technically were worth more than the coins. At first, the bills were used more as receipts that merchants would use instead of the tedious task of exchanging all of those coins. The people of the Tang dynasty realized that they could make their business’ more efficient by leaving the old ways of the gold and silver coins. Most coins were composed of gold and silver. The silver in the coins would cause them to rot and decay, whereas the paper money lasted for a lot longer and you wouldn’t have to worry about the value going down due to decay and problems that were not in your control. Paper money is just the first example of human innovations and intellectual advances in world history. The steel plow is another example of humans noticing problems in their communities that needed a

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