Evolution is a way of life, and it’s no different for money — considered as one of the most important inventions of all time. Money is regarded as a valuable item because people use it for various purposes: as a medium of exchange, a unit of account to determine prices of goods, and a way to build wealth.

Indeed, money has undergone massive transformations over time, not just in physical properties or aspects but also in the way it is used or distributed. What remains unchanged is that money, regardless of form, affords the owner the security or power to provide for his/her everyday needs, which is a reality of life.

Here’s an infographic by Coingeek that gives a visual representation of the complete evolution of money over the years.

[Click here for full size version]

What is Money? Its Evolution Over the Years

Irma Wallace

Irma Wallace

Co-founder and Vice President of SearchRank, responsible for many of the day to day operations of the company. She is also founder of The Arizona Builders’ Zone, a construction / home improvement portal.

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