paper currency 

an invention aimed at making trading simpler and easier


(also known as money, banknotes, similar effects 

			with coins, also included in the term 'money')





advantages


greatly increasing economic efficiency, allowing a society to more easily produce food, clothing, houses etc

the ability to store economic value to a greater extent than a person can carry around with them

splitting transactions into two parts, buying an item, and selling an item, rather than having to find some item

	to trade that is needed by the other person

enabling transactions that are simple and go straight through, rather than long complex ways of obtaining food.






disadvantages


practical need to find some way to store amounts of it

increased ability of theft to take the economic value that someone has accumulate

the practical problems of issuing and managing the ongoing use of a currency

personal and relationship issues involved in people having money and different amounts of money

