When you buy something these days,you have so many ways of paying for it.Just think of them!However,you may be suprised to learn that there have always been lots of methods of payment.In very ealy times ,people used to exchange one thing for another.This system of exchange was called 'barter' ,but there were lots of problems.Well ,how many heavy bags of rice would you give for a cow..?
The ancient Greeks solved these problems .In the 7th century B.C. they introduced coins made of fixed amounts of gold and silver .Business became much easier,because people could now exchange money for the things they required.
Coins last a long time ,but they are heavy and so eventually,governments solved the problem by introducing banknotes.So cash became easier and lighter to carry.
Nowadays,of course,more and more people are paying for things with cheques and credit cards instead of in cash.What about you?
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