Cowrie shells were the earliest form of representative money.
This marked the first use of metal coins.
Coins began to be made of precious metals, as well as taking the shape coins are today.
Feudalism was most prominent at this time. It was also one of the first organized economies.
The first form of paper money was created at this time in China.
Peak of mercantilist prominence. Modern economic thinkers were born into this system.
Wealth of Nations was published. Written by Adam Smith, this book laid the groundwork for capitalism.
Das Kapital was published in 1867. This book, written by Karl Marx, was the foundation for a communist economy.