Karen used her silver receipt representative money to purchase a bike. Luke purchased two dozen eggs with commodity money and six apples.
Chris used coins from the government's flat money to purchase a bagel.
<h3>What is commodity money?</h3>
- Money that derives its worth from the commodity from which it is made is known as commodity money.
- Commodity money is made up of things that have worth or utility beyond only being exchangeable for products (intrinsic value).
- This contrasts with fiat money, which derives its value from having been established as money by government regulation, and representational money, which has no intrinsic worth but instead represents something valuable like gold or silver, which can be exchanged.
<h3>What is flat money?</h3>
- A form of currency known as fiat money is not backed by any physical good, like gold or silver.
- Usually, the government declares something to be legal tender through a decree.
- Fiat money has occasionally been created throughout history by regional banks and other organizations.
Learn more about commodity money here:
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The Petition of Right of 1628 contained four main points: No taxes could be levied without Parliament's consent. No English subject could be imprisoned without cause - thus reinforcing the right of habeas corpus. No quartering of soldiers in citizens homes.
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Dwight eisenhower is the answer
The correct answer is Slaves
Slaves were a big thing in Florida and a lot of people owned them with the amount of slaves per capita being much higher than in other southern states. This was a problem for Floridians because they often feared that slaves could rebel and they also feared that liberating them would ruin them politically and socially.
