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Before European contact, strings of wampum were used for storytelling, ceremonial gifts, and recording important treaties and historical events, such as the Two Row Wampum Treaty [2] [3] and the Hiawatha Belt. Wampum was also used by the northeastern Indigenous tribes as a means of exchange, [4] strung together in lengths for convenience. The ...
Antalis pretiosa (formerly Dentalium pretiosum), commonly known as the Wampum tuskshell [3] [1] [4] or the Indian money tusk [3] [5] [1] is a species of tusk shell in the family Dentaliidae. It was first described by George Brettingham Sowerby II , and named by Thomas Nuttall in 1860.
Among the Eastern Woodlands tribes of North America, shell beads known as wampum were kept on strings and used as money. [38] [39] [40] Bioindicators.
Money within a money market account is insured by the Federal Deposit Insurance Corporation or the National Credit Union Administration for up to $250,000 per person, per account.
Money market accounts have gained popularity over the past few years as interest rates have risen across all deposit accounts. The most competitive rates have surpassed 4 percent, and in some ...
There were three general types of money in the colonies of British America: the specie (coins), printed paper money and trade-based commodity money. [2] Commodity money was used when cash (coins and paper money) were scarce. Commodities such as tobacco, beaver skins, and wampum, served as money at various times in many locations. [3]
A money market account combines the features of a savings and checking account so you're able to earn a return on your money while also writing checks and taking cash withdrawals against your balance.
Wampum belts, made of numerous tiny shells, were used by indigenous peoples in eastern Canada to measure wealth and as gifts. [1] Wampum belts were also used as currency during the early colonial period, and were recognised as legal tender in the early Dutch and British colonies. [2] [3]