The first banks temples of the ancient world

The first banks were the religious temples of the ancient world, and were probably established sometime during the third B.C. Banks probably the invention of money. Deposits initially consisted of grain and later other goods including cattle, agricultural implements, and eventually precious metals such as gold, in the form of easy-to-carry compressed plates. Temples and palaces were the safest places to store gold as they were constantly attended and well built. As sacred places, temples an extra deterrent to would-be thieves.


Title 31- Ancient world
situated probably
presented millennium
predated predated
millennium presented
Mark Obtained: 1 Mark Actual: 4