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The History of Money

Spotlight English

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The History of Money

In the beginning, people wrote paper money by hand. But as time went on, governments took over the job of making money. If paper money became damaged or too dirty, a person could trade in their old money for new money if they needed to. Hundreds of years later, europe also began to use paper money. Money has continued to change even in recent times. In some places, people rarely use money. Instead, they use thin plastic credit cards. This makes it easy to spend money and leads to debt.

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