Kimavi Logo

Just
Summary
Videos

Create
and
Explore

What is the history of Money? Who makes paper money in the USA?

What is the history of Money? Who makes paper money in the USA?

The history of money dates back to the bartering system, which was used as early as 6,000 BC.

The first coins were created in the 7th century BC in Asia Minor and the first paper money was created in China during the Tang Dynasty in the 7th century AD.

In the 15th century, the first banknotes were issued in Europe, and soon after, paper money became the most commonly accepted form of currency.

In the United States, the government is responsible for issuing paper money.

The Bureau of Engraving and Printing produces all of the paper money for the United States.

The Federal Reserve System is responsible for distributing paper money to the public.

The United States Mint is responsible for producing coins for circulation.

Thank you for reading. Create summary videos with Kimavi.

Kimavi Logo

Explore
&
Create