is there multiple choice or anything? a picture? cause i don't understand wym by this, i don't think anyone could understand
Answer:
The answer is "Option C".
Explanation:
The currency is a prominent example of a means of exchange. In its role as a means of trade, cash acts as an intermediary between products and services. Due to this role of money, value creation is decreased by increasing the requirement for two demands to coincide. This currency function minimizes transaction fees; management fees are all costs excluding the price of the product being transacted, that's why option c is the correct choice.
The main way in which capitalism and a free-market system are similar is that "<span>They both involve private ownership and open exchange" since government oversight is usually minimal.</span>
The answer is "C" the raising of tariffs in different countries throughout the world led to a restriction of trade.
Answer:
Currency
Explanation:
It's not certain which ancient civilization was the first to start using coin money. It's known that Ancient Greeks, Ancient Chinese, and Ancient Lydians began using coins around the beginning of the 8th century BC, at the approximately same time. There's a possibility that Pheidon, king of Argos, a Greek city, was the first ruler in the Mediterranean who officially set standards of weight and money. The picture below shows an engraving of Pheidon introducing silver coinage.