When and where did commodity trading begin?
Posted by admin
just wondering, I looked around on the internet and strangely enough, I didn’t find what I was looking for
ten points–thanks!
Commodities and barter were the original currency, before money. Women, food, clothing, and caves were the original assets. Commodities trading as we know it today began in the Middle East with minted coins following soon after. Samarians began keeping records before Christ.
4 Responses to “When and where did commodity trading begin?”
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February 24th, 2010 at 12:17 am
People traded grains, skins, livestock, and other "commodities" thousands of years ago; long before currency or money existed.
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February 24th, 2010 at 12:47 am
17th century Japan
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February 24th, 2010 at 1:26 am
Commodities and barter were the original currency, before money. Women, food, clothing, and caves were the original assets. Commodities trading as we know it today began in the Middle East with minted coins following soon after. Samarians began keeping records before Christ.
References :
February 24th, 2010 at 1:34 am
Caveman 1 had chicken. Caveman 2 had spear. Trading began…
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