Tools May Have Been First Money

acheulian hand axe, human tool use, tool development, homo erectus, ancient hominids, acheulian, acheulean, homo habilis
Examples of hand axes found in Kenya, which indicate that early humans were using stone hand axes as far back as 1.8 million years ago.
(Image credit: Pierre-Jean Texier, National Center of Scientific Research, France)

VANCOUVER, British Columbia — Hand axes, small handheld stone tools used by ancient humans, could have served as the first commodity in the human world thanks to their durability and utility.

The axes may have been traded between human groups and would have served as a social cue to others, Mimi Lam, a researcher from the University of British Columbia, suggested in her talk at the American Association for the Advancement of Science annual meeting here on Feb. 18.

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Jennifer Welsh

Jennifer Welsh is a Connecticut-based science writer and editor and a regular contributor to Live Science. She also has several years of bench work in cancer research and anti-viral drug discovery under her belt. She has previously written for Science News, VerywellHealth, The Scientist, Discover Magazine, WIRED Science, and Business Insider.