In what year was the world's first paper money issued in china?

Answer Paper money was introduced in China in 812 A.D. It was a temporary solution to a minting problem caused by a copper shortage. However, paper money was very popular, and by 970 A.D., it dominated Ch... Read More »

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When did China first invent paper money?

Paper money was invented in China at the end of the eighth or beginning of the ninth century A.D. It was used by merchants, who could deposit cash in the capital city and receive a paper certificat... Read More »

What year was the first paper money made?

Paper money was first printed in China around the year 800, because the Tang dynasty found it difficult to transport large sums of gold and silver to pay its merchants. Paper currency became extrem... Read More »

In what year did the people of the U.S. first use paper money?

The first paper money was printed in the American colonies in 1690 in the Massachusetts Bay colony. The United States Treasury issued paper money for the first time in 1861. These non-interest bear... Read More »

What year was paper money first made in america?

The Massachusetts Bay Colony first issued paper money in America in 1690. Congress issued the first paper money in 1791 after the adoption of the United States Constitution, partly to simplify trad... Read More »