The Magdalen Society of Philadelphia was a private charitable organization founded in 1800 to redeem prostitutes and other "fallen" women. This was the first association in the United States that sought to rescue and reform wayward women. A number of local clergymen and citizens affiliated with Quaker, Episcopal and Presbyterian denominations met to form the Society. Bishop William White, the nation's highest-ranking Episcopal bishop, was the first president of the Society, which officially incorporated in 1802. The organization was based on Magdalen hospitals in England and Ireland, which were named for Mary Magdalene. Similarly designated groups were soon started in other American cities in the early 19th century.
The main reason why German <span>u boats sank unarmed ships such as the lusitania is because the Germanys believed that many such boats were carrying supplies that were helping their enemies. </span>
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.
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Answer is: <span>Compromise of 1850.
</span>Compromise of 1850<span> was a </span>combination<span> of five separate bills passed by the </span>United States Congress in 1850.
<span>California was admitted to the union as a free state. Compromise of 1850 allowed citizens in New Mexico to vote if they want to allow slavery </span><span>in their borders.</span>
True. Most leaders of continental congress wanted to reconcile or truce with Britain.
