The Evolution of the Monetary System in the United States

THE EVOLUTION OF THE MONETARY SYSTEM IN THE UNITED STATES WHAT DID PEOPLE USE BEFORE MONEY? Before humankind fashioned cnins and bills, hartering was the foremost tactic of purchasing goods Bartering is the echange of perscnal passessiona for goods or services of equal value. The practice is still used today in markets around the world and even betwoen friends. 1690 Paper nyi Introduced he M ets Bay becorses logal eeder Cokony wd wed eaahsens y we 1775-1783 1791 Continental Cong mes fint paper cvcy la ked Reveonary Wr 1637 Wnpum stringa of dan she ud by Arescen dn 1792 The US. Mt h Cted by Canm and con e bepiesn Fnt Dink of the Unted Sta ea d Pr wma 20 r chae Bay Coy 1811 Becond Dark of he charer epin. 1812 1793 The ing 1815-1824 Market Revolution Paper aunncy id by the bakhe int ign ofatal cur The thate e The t D caim, 11,17 copper Unted Ss orved ater e cets, are praduce by The US Me Gol nd sver cs ae prodced t ofy oee EXPIRE 1819 The Buoree Cout raken hat Dark rec paper meny he chatereg et the Secoed Bank ofthe Unded S come MC sees ef baptes Maryard and stes cavieaa poeret peren 1819 1832 te bao trys inttion. The rt Andrew Jackson's War Paident Andre Jadon tries to dianca the ba becao he ftE crpowed the econeny nd helped te weaty foreckoares and ba Paof 1834 *1865 The origi po T of te Sect Service produced 1 s, 10, 25 and so ces paper wan fnd cauntorte sotm preenbacka ta pay C War saiden many wnmade up 1a of the reoneyin ction. 1861-1865 1834 Jaciian becane the Jacka ceded f and oy Presidet ceed for fing hia tary federal kunda ho the Dank, arppling it u in RIP becan paople haded ca rom he Bank 1886 Mame Wshg Pelealeserve Ba Foneyery anet restes. W w the anly woan he Fedis ored serces ced be whese pot eared anaus 1913 "1916 1929 1939-1945 reoling the entre wod econony and Sang 10 ys of sats he economy ndse ly te aing n as Wahin DC. wee pe c oete Ge Despression e coy eves te Recogaed as lack pporte warat Thuay wwwa reorBAM 1978 T Fes or Ba The arginal baiding ATMachinen Bee ishe t de The Fist Bark a began te pegulate, cado bsin oes he Uned Dm wa gesags accs d h 19s,c iceee cda cumed check coletraton age aound wod "1976 19708 19508 Credscong The t bank c ann in popularty card sydan wh ne in comeme, oed by n mortgaga and moesteess er p 1946 steeba Diog wse ATM g pses 198os-199os 1O8os Us. commeic 19908 1996 2002 Deanic paye The Catumia 100a, ma us Me produced 1899 which alowed 14,411236.010 coirn for camamen to taka argeneal caion Camp d barks taled oel mco os and d ae p madet posible far eplace peaple pay bila or paportaned irseeyver ephone Ines syen out sl egecy 2009 The Irancial ona Dark dng operions The UD Metreses 4 Daring ittos 2012 2008 2010 restcod ed edng coes roesed aaey co e sced ve Daas a Vanet Retaane Casuer e penny designa be aivesayat L s ay. came under feK sondy consaner nd co l martts foundered acad he erce sienger wdin the wae of e FUN FACTS Packer Brothers has printed moce Monopoly money than the Federal Reserve has issued real money. If you stacked up all the Menopoly sets mada, the pile would be meee than 1,100 miles high. The pyramid on the back of a sa bill ia the weese image of Great Seal of the United States. It represeats strength, permanence and is minished to represent America's fubure. It would take you 317 years to go broke if you had Sao billion dollar and spent a S every second of wery day There is about $8a3 in cireulation for each person in Amerika. Paper monwy can be folded 4,00o times back and rard before it will tear. Presidant Woodrow Wilson is pietured on the S100.000 bill, the largest bill ever peinted. 200,000 INFLATION FACTS In aigo, women could buy a pair of shoes for $ Minimem wage was ereated in 1938 under the Fair Labor Standards Aet and started at ase. 25¢ t. A brand new car cost less than 8300 in the 19eos. The averag salary in 1940 was $99 and it more than doubled in 1950 to Sege. 25 years aga, gas was oaly gue per gallan and s years ago sa.Bs per gallon Sources http://www.atanes.com/tapie/why-do-we-e-moneyriszesprWNHeip hitp://wwww.archaie-jale.com/papermonry/mcoylilm http//www http://www.f pedia.com/articles/on/banking apeaprhigr http://walter-colleyauiteson.com/andrne-jackana-bank-war-azayo9 http://www.ahsstiohns.kiz.flus/teachers/soceps/PDF/AP_oguon_Notes pdi http://lihraryhinkqumt.org/sra8/histaryhtml http://www.istary.com/pagm/h443 htal http://www.us histary.com/pges/hasilnl http://www.ehow.om/abot ea detaied-hintoey-delit-cands.html http://www.puydavandpuyehnkls.com/paslay-loan-history.html http://wire.kapitall.com/investment idea/investopedia-the banking industry-in 2oa/ ÇASH STORE org/flelegarydoea/erqsory Deloung par