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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Answer: Your answer would be C, african americans.
Explanation: The Klan was a group of white citizens who targeted black businesses, neighborhoods, and houses. During the Tulsa Race Riot, the Klan destroyed greenwood, a very large black neighborhood. Hope this helps!
Happy studying,
-The WZRD
Towns often developed near oases because it was easy access to water and they could farm there.
Answer:
Suffrage is the right to vote
Explanation:
Answer:
The property was granted to George Washington's great-grandfather, John Washington, by King Charles II of England.
The estate was named after British Admiral Edward Vernon.
The Mount Vernon Ladies' Association bought the estate from George Washington's great-grandnephew in 1858.
