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Money is defined as the coins and notes that carry a value, are negotiable among people, and are an acceptable means of financial expenditures. Therefore, it is considered the main unit of purchasing power, and it is also defined as an exchangeable financial intermediary, and it helps in obtaining assets and personal property that constitute wealth for people, or part of their private property, and money is the substance that is used to implement trading; Whether paper money, metal coins, or any securities of legal value, which can be dealt with in the buying, selling and saving operations, such as: financial deposits in bank accounts.


Materials used in making money:

Coins:

As people used metal money since ancient times, and it was made from a long time of silver, gold, and other similar metal materials, as it was used to facilitate daily life transactions, and the weight of the currency determined what could be bought with it, or equaled its value from the required needs And, over time, the ruling authorities decided to print seals on it, in order to avoid dependence on weight.

Despite this, the money was not recognized, and it was publicly agreed to use it in an official capacity, and it was certified in the form of metal money until the seventh century B.C. From the electrum alloy, which is a mixture of the elements of gold and silver, with a special mark indicating the weight, or texture, or the two characteristics, and some of them suggest that the beginnings of the use of metals and their equivalence with money dates back to the Babylonian civilization, that is, more than 2000 BC.



Place of manufacture of metal coins:

They are coins that are made of metal; That is why it was called this name, and these coins were manufactured in the places where coins were minted in government agencies; Those in charge of money in governments choose the inscriptions and shapes of coins before minting them, and the artist responsible for making metal coins usually uses models made of clay; To draw inscriptions and pictures related to it; But he uses a plastic mold to support the clay. Because it is soft at first before drying, which prevents it from properly preserving the drawing of the coin.


Paper money:

 Paper money is made from natural vegetable materials. Such as cotton and linen, which are usually used in the manufacturing processes of fabrics, and the need for their use appeared as a result of the difficulty of carrying large quantities of metal money, and the ease with which they were stolen, and China was the first to deal with paper money 1000 years ago, and its use spread in other parts of the world at the end of the eighteenth century And the beginning of the nineteenth century, and in the beginning they were just paper undertakings, or bonds through which the buyer pledged to give a certain payment of gold and silver, and it was like deposits that could be converted in value and replaced by swaps, and although they were only promises to provide a certain value of money, but some changes These mechanisms occurred, which led to the creation of taxes, and interest later as a result of the buyer's delay in paying the seller, which prompted sellers and merchants in cases such as these to increase the value of the pledge paper presented automatically.


Place of manufacture of paper money:

It is the money that is made of special paper, and this money is printed in the government presses of the countries, and the paper money industry depends on the use of a mixture of linen and cotton, and this mixture is the paper for money. This industry begins with cotton, which is cooked in a huge bowl about two hours of time, after which it is cleaned of any impurities that remain attached to its components. On the way to wash it with water; To be ready to knead in a range of mixes; So that it becomes a unique paper, and can be used in paper money.

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