Mac Magazin/MacEasy 1/Mac Magazin and MacEasy Magazine CD - Issue 01.iso/CD Extras/... mehr Spiele/Civilisation Demo ƒ/Civilization™ Demo/Civilization™ Demo.rsrc/TEXT_1020_CURRENCY.txt

Text File | 1993-03-01 | 546b | 1 lines

As cities grew, their internal economies became more complicated. People specialized in their labors, some producing grain, some pottery, some bricks, etc. A system of barter developed so that the wares and services of one individual could be exchanged for those of another. In response to the need for a medium of exchange, and for more sophisticated ways to store purchasing power and set standards of value, CURRENCY came into use. The first satisfactory CURRENCY was coinage made from electrum, a naturally occurring alloy of gold and silver.