When was paper money invented?(1 point)
Responses
during the Song Dynasty in China around the year 1000
during the Song Dynasty in China around the year 1000
during the Crusades in the Byzantine Empire around the year 1100
during the Crusades in the Byzantine Empire around the year 1100
during the Commercial Revolution in Europe around the year 1400
during the Commercial Revolution in Europe around the year 1400
during the Middle Ages in Venice around the year 1200
during the Song Dynasty in China around the year 1000
The invention of paper money is attributed to the Song Dynasty in China around the year 1000. The development of paper money was a result of the need for a more convenient form of currency compared to using coins. The Song Dynasty introduced the concept of paper money as a medium of exchange, which eventually spread to other regions.
To find the answer to this question, you can conduct further research on the topic of the invention of paper money in different historical contexts. This may involve exploring various sources such as books, articles, or reputable websites that provide information on the history of currency. Additionally, you can consult experts or scholars in the field who specialize in economic history or monetary systems to gain a more comprehensive understanding of the topic.