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To activate the TV, the viewer had to insert coins into a slot, which would grant them timed access to local TV stations. Initially, these coin-operated TVs were extremely profitable since America was still in the early stages of developing its national TV addiction, and people were willing to pay for the novelty of watching TV outside their homes.
Double-die style struck coin from Ancient India, c 304-232 BCE featuring an elephant on one face and a lion on the other. Since that time, coins have been the most universal embodiment of money. These first coins were made of electrum, a naturally occurring pale yellow mixture of gold and silver that was further alloyed with silver and copper.
The history of money is the development over time of systems for the exchange, storage, and measurement of wealth. Money is a means of fulfilling these functions indirectly and in general rather than directly, as with barter. Money may take a physical form as in coins and notes, or may exist as a written or electronic account.
When you think of a vending machine, things like snacks, sodas, or even pharmaceutical supplies may come to mind. But you might be surprised to know that the first ever vending machine actually ...
The bawbee of King Charles II was a copper coin with the reverse inscription Nemo me impune lacessit ("No one provokes me with impunity"), although the last word on these coins was spelled "Lacesset". This motto is still in use today on the edge of some circulating one pound coins. The motto is around a crowned thistle and is followed by the date.
Philo Taylor Farnsworth (August 19, 1906 – March 11, 1971) was an American inventor and television pioneer. [2] [3] He made the critical contributions to electronic television that made possible all the video in the world today. [4]
Gernsback demonstrating his television goggles in 1963 for Life magazine Gernsback watching a television broadcast by his station WRNY on the cover of his Radio News (Nov 1928) Hugo Gernsback ( / ˈ ɡ ɜːr n z b æ k / ; born Hugo Gernsbacher , August 16, 1884 – August 19, 1967) was a Luxembourgish American editor and magazine publisher ...
He also said he coined the name "TV Dinner" for such meals, brainstormed the idea of having the packaging resemble a TV set, and contributed the recipe for the cornbread stuffing. Thomas later said he was uncomfortable with being called the "father" of the TV dinner, because he felt he just built upon existing ideas. [citation needed]