Page 137 - Key to Social Studies 3

Before using money, people used

barter to get the things they want. But

sometimes people did not want what

others o ered to trade, which made barter

complicated in some cases. By time, people

agreed on using speci c items that have

special value for trade; for example, they

used cows because they produced milk.

Also, spices were valuable because they

were hard to nd and everybody wanted

them.

In 650 B.C.E., the King of Lydia, now

Turkey, made the rst coins to stabilize the

use of something of value for trade. But

people used to manipulate their shapes
135
until the invention of the coin press in 1660.