The first bank note was originated in China. What was it known as at the time of invention?
Correct answer: B. Flying money
- A. Papernote
- B. Flying money
- C. Currency
- D. Banknote
Explanation
China's early paper money was called feiqian, or "flying money," because merchants could transfer funds without carrying heavy coins. It preceded the modern term banknote.
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Inventions and Discoveries covers the people, dates, principles and practical uses behind developments such as the wheel, printing press, telephone, electricity, radio, computer, internet, vaccines and space technology. It distinguishes an invention, which creates a device or process, from a discovery, which identifies something already present in nature.
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