The Animations on this Page are to the best of my knowledge are Royalty Free.

These are not the only animations of Money01 however and more Single Titles Animations can be accessed from the table at the bottom of the page.

NOTE: Money has been split into 09 pages because of the great N° of animations. You’ll find the links to the other pages with other animations in this series in the table Under the Counter; you’ll also find a table to other Single Titles. On page 09 you’ll find the links to the Big & XL animations.

 

The History of Money.

From Barter to Banknotes.

DollarBillJumping_Med.gif

Money in itself is nothing. It can be anything from a shell, exchange of goods, a metal coin or a piece of paper with some sort of image on it.

However, the value that people place on it has nothing to do with the physical value of the money. This is derived by being a means of exchange, a unit of measurement i.e. a value as well as a storehouse for wealth i.e. banks, stock or other forms of financial establishments. These allow people to trade goods and services indirectly; to understand the price of goods e.g. the prices written in dollar and cents or any other currency must correspond with an amount in your wallet, purse or bank and credit cards. This also gives us a way to save for larger purchases at a latter date.

Money is valuable simply because everyone knows that everyone else will accept it as a form of payment.

Money, in some form, has been part of human history for at least the last 3,000 years. Before that time, it is assumed that a system of bartering was likely used.

Bartering is a direct trade of goods and services e.g. I’ll give you this if you will help me do that, although such arrangements take time. You have to find somebody who thinks what you offer is a fair trade for what you want done.

AccountantPushingWheelBarrowOfCash_Med.gif

The achievement that money offered was increasing the speed at which business could be done, whether it was doing a job to earn or paying someone so that something could be achieved.

Slowly, a type of prehistoric currency involving easily traded goods was developed over the centuries e.g. animal meat and furs, salt, that’s what Roman soldier’s were paid. This type of traded goods operated as the medium of exchange even though the component values were still negotiable. This system of barter and trade spread across the world and still survives in many places around the world.

Approximately, 1,100 B.C. the Chinese stoped using actual tools, goods and weapons as a means of barter and began using miniature replicas of the same tools that were cast in bronze. These became some of the first coins. Although China was the first country to use recognisable coins, the first minted coins were created not too far away in Lydia, now called Western Turkey.

Around 600B.C. Lydia’s King Alyattes minted the first official currency. The coins were made from electrum i.e. a mixture of silver and gold and stamped with pictures that represented the denomination. In the streets of Sardis, around 600B.C. a clay jar might cost you 4 owls or maybe 2 snakes. This form of currency facilitated the countries internal and external trade, making it one of the richest empires in Asia Minor. Alas, developing the first form coins and initialising a strong trading economy couldn’t protect Lydia from being ravaged by the Persian army.

Nevertheless, when it looked like Lydia had taken the lead in currency developments, the Chinese moved from coins to paper money around 600B.C. By the time of Marco Polo visit in 1,200A.D. the emperor had a good handle on money in a range of denominations along with the supply of goods. In the place of where the Yanks notes say, “In God We Trust” the Chinese inscription warned, “All counterfeiters will be decapitated.”

ATM_DispensingCash_Med.gif

Europeans were still using coinage until the 1,600A.D., helped along by acquisitions of precious metals from colonies to keep minting more and more coinage. In due course, the banks started using bank notes for depositors and borrowers to carry around instead of coins. These notes could be taken to the bank at any time and exchanged for their face values in silver or gold coins. This paper money could be used to buy goods and operated much like currency today. However, it was issued by banks and private institutions, not the government, that is now responsible for issuing currency in most countries.

The first paper currency issued was actually issued was by the colonial governments in North America. Because shipments between Europeand the colonies took so long, the colonists often ran out of cash as operations expanded. Instead of going back to a barter system, the colonial governments used I.O.U’s. this was traded as a from of currency. The first instance was in Canada, then a French colony. In 1685, soldiers were issued playing cards denominated and signed by the governor to use as cash instead of coins from France.

The shift to paper money in Europe helps to increase the amount of international banks and the ruling classes started buying currencies from other nations and created the first currency market. However, the stability of a particular monarchy or government affected the value of the country’s currency and their ability to trade in the international market.

The rivalry between countries often led to currency wars, in which competing countries would try to affect the value of the competitor’s currency by driving it up and making the enemy’s goods too expensive or by driving it down and reducing the enemy’s buying power thus depriving them from the ability to pay for a war or by eliminating that countries the currency completely.

The 21st century gave rise to two disturbing forms of currency: Mobile payments and virtual currency. A mobile payment is money rendered for a product or service through a portable electronic device such as a computer, cell or smart phone and P.D.A. Mobile payment technology can also be used to send money to friends or family members. Increasingly, services like Samsung and Apple Pay are contesting for retailers to accept their platforms for point-of-sale payments.

Despite many advances, money still has a very real and permanent effect on how we do business today.

AccountantSittingOnPileOfCash_Med.gif

From a piece written by Andrew Beattie.

 

Medium.
AccumulatingWealth_Med.gif AddingMachineSpewingTapeDollars_Med.gif ATM_SpewingMoney_Med.gif ATMBusinessmanGetsWindfall_Med.gif ATMHandUsing_Med.gif BritishPoundHopping_Med.gif BusinessmanLeaningOnTheDollar_Med.gif CashPilingUp_Med.gif CoinRollingInCircleMoney_Med.gif CurrencyCubeSpinning_Med.gif CurrencySymbolsRacingEachOther_Med.gif DollarChasingBusinessman_Med.gif DollarHoppingForward_Med.gif DollarSignJumpDownStairs_Med.gif DollarSignJumpUpStairs_Med.gif ExecutiveHammeringOnDollarSign_Med.gif FistfullOfCash_Med.gif FlagFivePoundNote_Med.gif FrozenAssets_Med.gif GeorgeOnDollarBill_Med.gif GreedyBusinessmanRunningWithMoney_Med.gif

 

Also see People/Norwegian and in Australia/AussieMoney

 

BlueBar.gif

 

  Visitor N°
   
   
Free Text Counter.
Counter added 27/09/16.

 Go to   Money 02;   Money 03;   Money 04;  Money 05;   Money 06;   Money 07;   Money 08;   Money 09

 Single Titles. 
Ambulance. Camping Backpacking. Candles. Circus. Clowns. Computer.
Critters. Fire. Fireworks. Hearts. Irish. Jewellery.
Maps. Money. Nuclear. Numbers. Objects. Peace.
Photography. Recycling. Robots. Statues. Structures. Smileys.
Telescopes. Tools. Toys. Teddybears. Valentines. Water.
Web Stuff.

Top