Full Entertainment
  Post your NEWS here.
 
Post your NEWS here. - Register

PLZ Be Confident to share the piece of information you have.


To log in your forum, please enter the following data::

Desired nickname:
Desired password:
Your e-mail address:
First name:



<= Back to the forum


Total topics: 58
Total posts: 64
Total users: 3
Online now (registered users): Nobody crying smiley
 
 
  Today, there have been 68 visitors (233 hits) on my site! COPYWRITE: www.udititm.page.tl  
 
Paper money developed in Europe in the following manner. During the Middle Ages it was customary for wealthy families to store their gold, jewels, and coins in vaults kept in the cellars of goldsmiths' shops. The goldsmiths gave written receipts for all valuables received, and these articles could be redeemed with the receipts at any time. Eventually the receipts themselves were being used as Currency by those who didn't want to take the trouble to go to the vault every time they needed money, and businesses throughout Europe began accepting them as readily as gold. The practice gradually spread: paper money became a common form of legal tender, and its use contributed to the establishment of the banking system, which was in full swing by the sixteenth century. This website was created for free with Own-Free-Website.com. Would you also like to have your own website?
Sign up for free