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What Types of Currency Were Used in Ancient China, and How Did They Evolve?

Ancient China saw some cool changes when it came to money.

At first, people used a system called barter. This meant they traded items directly for other items.

But this way of trading was not very effective. So, they started using what we call commodity money. Here are a couple of examples:

  • Cowry Shells: These were used around 3000 BCE.
  • Metal Objects: Things like bronze tools and cooking items.

Then, during the Zhou Dynasty, which lasted from 1046 to 256 BCE, they introduced standard metal coins. Some of these coins were shaped like spades or knives.

Later, during the Qin Dynasty, from 221 to 206 BCE, they created a well-known coin. This coin was round with a square hole in the middle.

This new design made it easier for people to use and store coins. Plus, it helped trade along the Silk Road.

All these changes helped the economy grow in the region!

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What Types of Currency Were Used in Ancient China, and How Did They Evolve?

Ancient China saw some cool changes when it came to money.

At first, people used a system called barter. This meant they traded items directly for other items.

But this way of trading was not very effective. So, they started using what we call commodity money. Here are a couple of examples:

  • Cowry Shells: These were used around 3000 BCE.
  • Metal Objects: Things like bronze tools and cooking items.

Then, during the Zhou Dynasty, which lasted from 1046 to 256 BCE, they introduced standard metal coins. Some of these coins were shaped like spades or knives.

Later, during the Qin Dynasty, from 221 to 206 BCE, they created a well-known coin. This coin was round with a square hole in the middle.

This new design made it easier for people to use and store coins. Plus, it helped trade along the Silk Road.

All these changes helped the economy grow in the region!

Related articles