The Introduction of Coinage in Ancient Lydia: A Turning Point in Economic History

The Birthplace of Coinage: Ancient Lydia Ancient Lydia, a kingdom in what is now western Turkey, is known as the birthplace of coinage. This innovation marked a significant turning point in the history of economic development. Before the invention of coins, people relied on barter systems. Goods and services were directly exchanged. This often created … Read more