Provide one example for each of the following: commodity money, representative money, and fiat money. Which one do you believe had the most value? Why? all has to be used and in your own words

Answers

Answer 1

Answer:

commodity money is money that comes from the object (commodity) that which it is made and it consists of objects having value or use within themselves  Some examples of commodity money are gold, silver, copper, salt, peppercorns, tea, decorated belts, shells, alcohol, cigarettes, silk, candy, nails, cocoa beans, cowries, and barley.

representative money is any type of exchange, most often printed on paper, and it represents something of value, but it actually has little or no value of its own-however it must have some intrinsic value to support the face value  An example of representative money is a token or piece or paper with no intrinsic paper but that can be exchanged for a commodity on demand.

fiat money is government-established currency (money) with no intrinsic value, unlike representative money, and it does not have use value because the government controls and maintains its value or because parties taking part in money exchanges agree on the value given  An example of fiat money is gold or silver.

Explanation:

I think representative money had the most value because it is often known as commodity-backed money, and while commodity money comes from objects of value, representaive money allows buyers to exchange for other things of value, and in general, get anything of value.  Representative value may have no value of its own but its value is greater when dealing with commodities.

Answer 2

Answer:

Commodity Money is used as a means of exchange such as gold, silver, copper, salt, peppercorns, tea, giant stones. Some of the examples of commodity money are gold and silver coins.

The term representative money has been used for different means. Representative money is an object such as a token or piece of paper that has no natural value but can be replaced on demand for a stock that does have natural value, such as gold, silver, and copper.

Fiat money does not have any inherent value. For example paper money and coinage.

I believe that commodity money is most valuable because it acts as a medium of exchange and can support financial institutions and organizations to fund local businesses and individuals within the same community or geographic area.


Related Questions

*DIFFICULT QUESTION PLS ANSWER* The people of China now enjoy a socialist market economy rather than pure communism. What must the people of China accept in return for greater individual economic freedom? a.) The Chinese must pledge to avoid the greed and excesses brought on by materialism. b.) The Chinese must accept the fact that this freedom can be revoked by their government at any time. c.) The Chinese must acknowledge that Western countries lack discipline and morality and must not be imitated. d.) The Chinese people must accept that there will be limits placed on each person's earning power.

Answers

Hey there! I'm happy to help!

Answer A says that they must avoid the greed and excesses brought by materialism. In a socialist government, it is hard to be very materialistic because it is hard to get rich because the means of production are shared by the people. Therefore, it is hard to be very materialistic. This option is false.

Answer B says that they must realize that the government can take away their freedom. Well, with a downgrade from communism to socialism, the government will have less power to do so, and any government can rebuke a freedom if they so wish, so this option is most likely false.

Answer C says that they shouldn't copy the Western countries. Well, to them that really isn't a con. Acknowledgement doesn't make sense as a thing you give in return for a better economic system. This is false.

Answer D says that the Chinese people must accept that there will be a limit placed on their earning power. This is a trade off that goes on with socialism: there is more equality with earning but less wealth you can gain. This is something they must accept, but it is much better than communism. This answer is true.

Therefore, the answer is D) the Chinese people must accept that there will be limits placed on each person's earning power.

I hope that this helps! Have a wonderful day!

Answer:

d.) the Chinese people must accept that there will be limits placed on each person's earning power.

Explanation:

The government of China has finally established a socialist market economy, which offers its citizens more economic freedom than communism did. This reform has allowed China's economy to grow and wealth to spread slowly throughout the country--more quickly in the urban areas. In return, though, the citizens of China must acknowledge that the Chinese government is merely allowing them to be free and that this freedom can be revoked at any time.

Also, I took the quiz.

how did thomas jeffersons politics oppose the early development of american pollitics

Answers

Answer:

American constitutional rights are guaranteed to the wealthy. ...  A) He supported policies that limited federal power. B)He favored a government that would encourage commerce.

what were the central provinces under the control of the Mughals

Answers

Answer:

The central provinces under the control of the Mughals were Bengal, Bihar, Chittor, Deccan, Delhi, Gujarat, Kabul, Mewar, Marwar, Orissa and Sindh.Jun

Explanation:

Answer:

I would give you a genuine answer, but this post is nearly 4 months old so I'm sure you don't need the answer anymore. But have a good day at least mate.

Explanation:

May I have brainliest please? :)

According to the passage, why did Adolf Hitler believe it was important to hold Stalingrad? He wanted to end the battle while it was still warm to avoid fighting in the Soviet winter. He believed that holding Stalingrad had come to represent victory for Germany. He believed winning the battle would cause the greatest difficulties for the USSR. He wanted to secure the Soviet Union to help defeat the Sixth Army.

Answers

Answer:

Hitler did not want his troops to fight during the Russian Winter which was treacherous, and would rather them capture Stalingrad before winter really hit.

Explanation:

Answer:

He believed that holding Stalingrad had come to represent victory for Germany.

Explanation:

Switzerland Italy and Ireland are well known for certain foods think about how different the world was in Switzerland Italy and Ireland before 1492 and comment in about it

Answers

Answer:

Hey there!

Many of the foods you find famous in Switzerland and Ireland may have not originated there. Explorers that came to the Americas brought back many foods not found in the region, and the famous foods of those countries probably have hundred year old origins to the Americas.

Hope this helps :)

It is important to note that all over the world, food types have migrated from place to place. and this is not exclusive to Switzerland, Italy, and Ireland. Some of the causes of "food migration" are highlighted below.

What kind of foods will you find in Ireland?

Some of the factors that cause food to migrate are:

ImmigrationColonizationGlobalization.

In Ireland, the most common foods are:

Irish Brown BreadWhite PuddingSoda Bread etc.

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(Write 3 paragraphs)
Should the government protect its workers from unfair and unsafe jobs?

Answers

Answer:

The main way to make this argument is to say that it is exceedingly difficult for the government to determine what constitutes an unfair job.  This is something that is beyond the ability of the government to judge.

It is one thing for the government to protect workers from things like unsafe jobs.  It is much more possible to decide in an objective way what jobs are unsafe.  We can look at things like workplace injuries and deaths and say that a job is unsafe.  It is also clear that workers should not be subjected to unsafe conditions while at work.  

By contrast, things are very much more difficult when it comes to the issue of fairness.  There is no objective way to determine (for example) whether it is unfair for a fast food restaurant in New York City to pay its employees $8.00 per hour after they have been working there 2 or 3 years.  

Because of such issues, it does not make sense for the government to protect workers from unfair jobs.  It is simply impossible to determine what jobs are unfair when it comes to things like wages or opportunities for advancement.  Therefore, (we can argue) the government should not try to make these decisions.

How did the slavery that occurred in Africa prior to European contact differ from the slavery that occurred as a result of the trans-Atlantic trade system?

Answers

Answer:

Explanation

Explanation:

The people were forced still but sometime they had a way easier time to escape if they tried. Also the force on slaves was different because they mostly were all the same race.

the poem "howl" by allen ginsberg is a work that came out of the blank movement

Answers

Answer:

Im pretty sure but i may be wrong the movement is called "The Beat Movement"

Explanation:

..

The beat movement , yup

a concern for one area of the country rather than the country as a whole

Answers

I’m pretty sure it’s Internal warfare ?
The correct answer is internal warfare

Use the map below to answer the following question: Based on the location of cities on the map, which of the following statements is true?
A. Most cities in Egypt were located in Lower Egypt.
B. People in Egypt built their cities in a single region.
C. Most cities in Egypt were located in the desert.
D. People in Egypt built cities near bodies of water.

Answers

Answer:

D. People in Egypt built cities near bodies of water.

Explanation:

As you can see in the map, most of the cities are located near the edge, which is near the water.

D people in Egypt built cities near bodies of water

Which church leaders were immediately below cardinals in the Catholic Church hierarchy?

Answers

Answer:

archbishops

Explanation

An archbishop is a rank in the Catholic Church that is below the cardinals and is a bishop of higher rank or office. An archbishop may receive the title or be ordained as chief pastor of a big city church or other congregational to which the archbishop's title is attached. The role of an archbishop is to administer an archdiocese, which is just a really large diocese

Answer:

archbishops

Explanation:

Which of the following developments caused the other three? a. increased urbanization b. unsafe working conditions c. introduction of the factory system d. increased productivity of industrial workers

Answers

Answer:

C

Explanation:

It’s C I just took the quiz:)

How did the Northern Renaissance contribute to the political developments begun by the Italian Renaissance? It strengthened criticisms of religious thinking. It added an emphasis on classical philosophy. It reinforced ideas about the importance of the individual. It demonstrated the value of artistic contributions to government.

Answers

Answer:

It reinforced ideas about the importance of the individual.

Explanation:

The period can be best described as the rise of humanism, which was an intellectual movement that emphasized secular ideas found in literature from Ancient Greece and Rome.

Among these ancient ideas was a newfound faith in the individual. The God-fearing Middle Ages viewed man as "unworthy by virtue" and "stained by original sin". However, as Renaissance Humanism brought a newfound interest in education in art and the humanities, people became less absorbed in the religious hierarchy and more curious about the capabilities of man.

Many philosophers wrote about the potential of man and developed their own beliefs as to the kind of person an individual should aim to be. These views inspired many people to invest in their studies of the arts and humanities, and as a result, many significant achievements came out of the Renaissance.

The Northern Renaissance was vital in the contribution to the political developments that were begun by the Italian Renaissance as it reinforced ideas about the importance of the individual.

The Italian Renaissance was known for its literature, music, sculpture, architecture etc.

The Northern Renaissance was referred to as the Renaissance which occured in the Alps. It should be noted that humanists and writers such as Desiderius, and Rabelais were influenced by the Renaissance model of the Italian.

In conclusion, the correct option is C.

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What condition exists if you have a monthly spending deficit

Answers

Answer:

Deficit Spending

Explanation:

Deficit spending is the amount by which spending exceeds revenue over a particular period of time. Which is also called simply deficit, or budget deficit; the opposite of budget surplus. The term may be applied to the budget of a government, private company, or individual. Government deficit spending is a central point of controversy in economics.

I hope this helped. I am sorry if you get this wrong.

Brainly Please?

The answer is Deficit spending.

Describe the development of the Labor Movement in the United States. What was the reason for the start of the Labor Movement?

Answers

Answer:

The labor movement in the United States grew out of the need to protect the common interest of workers. For those in the industrial sector, organized labor unions fought for better wages, reasonable hours and safer working conditions.

Explanation:

Because of the great depression, they had a hard time finding jobs so then they made jobs in factory’s for the men to work in.

why is religious rivalry important to the war of spain and england ? URGENT

Answers

Explanation:

The religious rivalry between the two countries was so great that it seemed to make war inevitable after Elizabeth set up a Protestant Church in 1559. ... This meant that Spain and France were allies against Protestantism...

The religious rivalry between the two countries was so great that it seemed to make war inevitable after Elizabeth set up a Protestant Church in 1559. ... This meant that Spain and France were allies against Protestantism.

What role did the colonies play in the European race for geopolitical dominance?

Answers

Answer:

Explanation:

--Gold, silver, and furs attracted European exploration, colonization, and competition in the New World.

--Rivalries between European nations were often rooted in religious or political feuds taking place in Europe, yet these tensions played out in the theater of the New World.

--The Spanish lost their stronghold in North America as the French, Dutch, and British began to explore and colonize the Northeast.

Gold and sliver and ramen

What did the Supreme Court decide in Sweatt v. Painter? a. The order to segregate Texas Grad. Schools was constitutional b.The order to desegregate Texas grad. Schools was unconstitutional c.The separate Texas law school for African American students was equal to the University of Texas Law School. d.The separate Texas law school for African American students was not equal to the University of Texas Law School. Please help me, and leave the correct one! the explanation to why isn't needed.

Answers

D = the separate texas law school for african american students

In the Sweatt v. Painter case, the Supreme Court decided that there have to be separate Texas law school for African American students was not equal to the University of Texas Law School. Thus, the correct answer is option (D).

What was the decision in Sweatt v. Painter case?

The "separate but equal" theory of racial segregation, which was established by the 1896 case Plessy v. Ferguson, was successfully contested in the U.S. Supreme Court case Sweatt v. Painter. The court decided that the university had to let Sweatt enroll because the law school for people of color was significantly inferior than the UT Law School.

Theophilus Painter, the president of the University of Texas School of Law, declined to admit Heman Marion Sweatt, a black man, on the grounds that integrated education was against the Texas State Constitution. Sweatt, a law student, won the case because the state's racially segregated law school was deemed to be inherently unfair by the court.

Therefore, the separate Texas law school for African American students was not equal to the University of Texas Law School.

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Which of the following statements about voter participation among young people is MOST accurate? 1.Young people vote at higher rates than older people. 2. Youth voter turnout is much lower in midterm congressional elections than in presidential elections. 3. Youth voter turnout is much lower in presidential elections than in midterm congressional elections. 4. Youth voter turnout in a presidential election has never been greater than 40 percent.

Answers

Answer:

3

Explanation:

Voter turnout regularly drops in midterm elections, and has done so since the 1840s. midterm elections typically drew more voters than presidential contests.

When it comes to voter participation in the United States amongst young people, 2. Youth voter turnout is much lower in midterm congressional elections than in presidential elections.

Statistics of voter turnout in the United States showed that in relation to voters in the ages of 25 - 44 for Midterm Congressional elections:

40.4% voted in 201828.3% voted in 201432.2% voted in 2010

Voter turnout in the Presidential elections in the age group of 25 - 44 was:

49% voted in 201649.5% voted in 201251.9% voted in 2008

From the above, we can conclude that young people vote more in presidential elections than in midterm congressional elections.

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who was the first women astrounot in space

Answers

Astronaut Sally K. Ride

Answer:

Valentina Tereshkova

Explanation:

On June 16, 1963, aboard Vostok 6, Soviet Cosmonaut Valentina Tereshkova becomes the first woman to travel into space. After 48 orbits and 71 hours, she returned to earth, having spent more time in space than all U.S. astronauts combined to that date.

Many people say Sally K. RIde was the first woman astronaut in space but that is incorrect as she was the first AMERICAN woman astronaut in space.

Sally K. Ride was launched by NASA on June 18, 1983, 20 years after Valentina Tereshkova.

Describe the differences between the
global South and the global North.​

Answers

Answer: The division of the world in half

Explanation: Global north would be the northern hemisphere and global south would be Southern Hemisphere so southern countries would be on the south equator and the north country’s would be in the north equator,

That while, the Global North represent the economically developed societies of Europe, North America, Australia, Israel, South Africa, amongst others, the Global South represents the economically backward countries of Africa, India, China, Brazil, Mexico amongst others.

What is the purpose of the prologue of Romeo and Juliet select three options

Answers

This is history not English

Answer: Heres my answers  

Explanation: maybe they work

Describe two of the battles that were turning points for the Civil War. Which side won? What were the effects of each battle?

Answers

The North won most of the battles but there was a few little wins for the south
The Battle of Gettysburg and The fall of Vicksburg

The union won the battle of Gettysburg
The union won the fall of Vicksburg as well

The effects of the battle of Gettysburg were:

The Union victory boosted Northern morale, saved the Northern cities from the Confederate invasion, and turned the momentum of the war. It was Abraham Lincoln who best described Gettysburg when he traveled there to deliver a speech at the dedication of the National Cemetery on November 19, 1863


The effects of the fall of Vicksburg were:


The Battle of Vicksburg effected the Civil War because the Union got full control of the Mississippi river therefore taking over and shutting down the confederates trade, transportation, and military/fortifications.

he group of Palestinians dedicated to regaining from Israel their homeland in Palestine.

Persecute
Displace
Palestinian Liberation Organization (PLO)
Terrorist
Golan

Answers

The correct answer is C. Palestinian Liberation Organization (PLO)

Explanation:

Palestine is a territory located in Western Asia that was controlled in the last years by Israel. Additionally, Palestine was the focus of different conflicts and wars because different groups and countries had had control and interests over it. This includes the PLO or Palestinian Liberation Organization that had the purpose of regaining the territory from Israel and make it an independent territory as they consider this territory their homeland. This group is said to represent the interests of Palestinians, although their violent actions against civilians are highly controversial. According to this, it is the PLO the group that wants to regain Palestine.

Answer: Palestinian Liberation Organization

In economics, the word scarcity relates to:
O A. limited resources.
O B. international agreements.
O c. surplus ideas.
D. outdated infrastructures.

Answers

Answer:

[tex]\boxed{\mathrm{A}}[/tex]

Explanation:

The word scarcity in economics is used to state an economic problem in which resources are limited.

An example of scarcity is: “The gasoline shortage in the 1970's”.

Answer:

The correct ans is....

A) limited resources

Explanation:

In eco scarcity refers to an economic crisis where the ppl r not able to buy things [when income is low maybe]

Hope it helps...

                              Pls mark my ans as brainliest :)                                                  

The following question is based on your reading of 1984 by George Orwell.
What does the place where they meet remind Winston of?
T

Answers

Answer:

"The Golden Country."

Explanation:

The peaceful place from his dream. "The Golden Country."

what were the three territories of the united states that were involved in border dispute with other countries

Answers

Answer: There were lots of territories, but I'm not sure of which 3.

Explanation:

Texas with Mexico Florida with Spain and the eastern coast with Great Britain

Explain the significance of agriculture in the rise of Early Complex Societies.

Answers

Answer: When early humans began farming, they were able to produce enough food that they no longer had to migrate to their food source. This meant they could build permanent structures, and develop villages, towns, and eventually even cities. Closely connected to the rise of settled societies was an increase in population.

Explanation:

Demographics help explain the latest kowtowing to teen tastes the teen population has grown twice as fast the overall population in the last decade theyre also easier to reach than Ever via the Internet the biggest marketing boon sent the bulk mill rate this surge teen power won’t last forever the so-called echo boom in upswing in births as baby boomers have children of their own faded in the middle

Answers

Answer:

a

Explanation:

Your answer should be A

Which of the following is not an example of how the draft contributed to the Vietnam War's unpopularity?
A. Young men at age 18 were forced to apply for the draft.
B. The draft continued despite the fact that Congress never officially declared war.
C. Americans believed that the military was not drafting enough soldiers.
D. Drafted soldiers were too likely to be wounded or killed in action.

Answers

Answer:

A. Young men at age 18 were forced to apply for the draft.

Explanation:

A. Young men at age 18
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