This man, Mansa Musa, flooded Cairo with his generosity. He left no court emir nor holder of a royal office without the gift of
a load of gold. The people of Cairo made incalculable profits out of him and his travelling party in buying and selling and giving and taking. They exchanged gold until they depressed its value in Egypt and caused its price to fall. According to this account, what was the effect of Musa’s visit to Cairo? Cairo began to flood more than usual. More people became interested in Islam. People wanted to trade salt and gold to become wealthy. Musa’s spending resulted in gold becoming less valuable in Cairo Answer: Musa’s spending resulted in gold becoming less valuable in Cairo.
Musa’s spending resulted in gold becoming less valuable in Cairo.
Musa unwittingly destroyed the economies of the cities of Cairo, Medina, and Mecca. The unforeseen influx of gold decreased the metal´s value for a decade resulting in hugely inflated prices.
To amend the gold market, Musa obtained all the gold he could carry on his way back from Mecca at high interest, becoming the only man recorded in history who controlled the price of gold in the Mediterranean.
Loggers make a significant contribution to the state's economy as they purchase supplies from local businesses. In addition, spending by workers in the logging industry and its supply industries provides a boost to the region's economy.
The primary achievement of the Second continental Congress was drafting an official Declaration of Independence which officially separated the colonies from Great Britain. <span />
