Why have Money?
Filed under: Money and You — Gloria and Alpha @ 11:58 pm
Money makes obtaining what we need to survive easier. If we strip our survival needs right back, our core need is water and food (in that order).
Now, if you live in a first world country, you’re already ahead of the game. Obtaining basics like food and water is relatively easy, depending on your circumstances. Even so, there most major cities have soup kitchens.
The concept of exchanging something for “money” is a relatively new concept. Previously, people bartered goods they produced for things they didn’t, or couldn’t produce. Even a live animal was used as ‘money’. There are still parts of countries today that count in the number of camels, cows and other animals that something can be bought with.
The earliest record of ‘money’ came in about 3,000 BC, when gold bars were weighed to measure their value, in Egypt and Mesopotamia (parts today known as Iraq). Now, that may sound a long time ago, but if you think how far back human civilisation is recorded on earth, 5,000 years ago, isn’t that long ago.
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