Business Studies, asked by ramthakut0402, 1 year ago

Explain the invention and usage of coins

Answers

Answered by vineetaagrawal982796
11

Explanation:

Coins were introduced as a method of payment around the 6th or 5th century BCE. The invention of coins is still shrouded in mystery: According to Herdotous (I, 94), coins were first minted by the Lydians, while Aristotle claims that the first coins were minted by Demodike of Kyrme, the wife of King Midas of Phrygia.

Answered by deepash615
7

Answer:

a coin is a piece of hard material and usually in the shape of disc (depending on the country or value) close which is used as a medium of exchange for legal tender

Explanation:

koyna koyana the pieces of metal marked with design that indicates they are money . the earliest coin made in the kingdom of lydia now in Turkey in the 7th century B.C .The Lydia used weighed lamp of metal the shape was unimportant, stamped with picture to confirm their weight

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