01.10.2016 Views

Retail Chronicles Issue 4 (1 to 15 October)

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His<strong>to</strong>ry of <strong>Retail</strong><br />

By Anchal Pandey<br />

9000-6000 BC<br />

Barter system, Animals such as sheep, cows<br />

and camels are the oldest form of currency<br />

3000 BC<br />

In Mesopotamia (Modern day Iraq) a new<br />

form of currency is used; the shekel- a<br />

measurement of weight.<br />

800 BC<br />

Markets: In ancient Greece, merchants swap<br />

goods in the marketplace called the Agora.<br />

200 BC<br />

Accounting: The earliest known written<br />

documentation of the Chinese abacus<br />

(which is still used by some)<br />

02

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