Currently, we live in a means of production that obeys the capitalist system, which is adopted almost all over the world. The current economic system has as its main characteristic the accumulation of riches.
At the beginning of capitalism, trade was carried out through the exchange of goods, and later the companies were created. coins, made with metals, serving as an instrument of convention of riches for trade.
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Also, as time went by, the system and tools used in the trade progressed and changed into easier ways to sustain that system. Thus, metallic coins evolved and became money as it is known today.
Money is used as a commercial device, materialized in the form of coins or bills. Thus, money functions as a means of accumulating wealth and the main instrument within capitalism.
In this way, it is the only means by which goods, services, and labor can be purchased, being controlled by the government of each country.
Thus, each nationality has its local attribution. For example, in Brazil, the real is used as the main monetary standard. In the United States, the dollar is the currency used for any type of financial interaction.
A curiosity is the fact that money does not exist only in a physical way and, in fact, it is very scarce in a materialized way. So most of the time money is entered electronically, just like bank account numbers. In addition, it can circulate through transactions, checks, receipts, vouchers, commercial notes.
At the feudalism, period between the 5th and 15th centuries, there was no trade as we see it today. At that time people produced everything they needed to consume, just to support themselves.
However, after the 15th century, people felt the need to trade and that they could replace their own items with other people's items. So the capitalism began to take shape, with barter, a system based on the exchange of goods.
In addition, some goods became highly valued and began to be used as commodity currencies, as an example, salt and cattle were widely used as “currency”.
Over time, the use of coins was created as a way of measuring and classifying wealth, as it was not possible to store commodity coins because they were perishable.
Thus, the first copper, gold, silver and bronze coins. With that, one notices the need, already existing at that time, for the accumulation of wealth, the main characteristic of capitalism.
Each type of metal has its value, for example, gold is the most valuable and successively, silver, copper and bronze.
Over time, these coins were modified and adapted to a single size and shape. In addition, each one of them started to have a kind of mark, as a way to make it impossible to counterfeit these coins.
After that, banknotes appeared, with money printed on paper, with different values. This happened due to the ease provided by the storage and transport of paper, since metals are very heavy and limited.
Another invention was the invention of banks, current accounts, digital transactions, credit cards, checks, etc.
Currently, coins are made of nickel and metal alloy. Furthermore, each nationality has its own Coin House, which manufactures and supervises the use and printing of money, both in the form of bills and coins.
Check also: Activities with money system: Working with money
