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Money

History of Money in Indonesia

14 Mei 2017   23:39 Diperbarui: 15 Mei 2017   00:24 1039 0
           Money is used as an exchange medium that we use till today. Before we know currency, we use a lot of exchange methods, one of which is barter system. Aristotle said, “Every object has two uses, the first being the original purpose for which the object was designed, and the second possibility is to conceive of the object as an item to sell or barter.”(Meikle, 1994).In the past, people used shells, seeds, fruits, vegetables, etc. as a medium of exchange to get something that they needed. Here in Indonesia, we also use barter system back then. But with growing era, we started to know what currency is. Till today we have 3 eras of the history of money. There are kingdom era, before the independence era, and after the independence era.

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