It was a. Edmund Spenser who authored The Faerie Queene, an epic poem about knights and virtues, although many attribute it to Bacon, which is incorrect.
Answer:
In the 1930s, the United States abandoned the gold standard because the government wanted to rapidly expand the money supply in response to the Great Depression.
Explanation:
The Gold Standard monetary system was abandoned during the years after the Great Depression of 1929 to prevent prices and wages from falling in response to a general reduction in global demand, so that adjustments fell on the total amount of employment. Under these conditions, the depreciation of the exchange rate (that is, the abandonment of the pure gold standard) was considered "less painful" (in order to reduce exports). This prevented the reduction of wages, especially since the pressure of the unions imposed this kind of policy in some way. And all this in addition without taking into account that all countries, sooner or later, would adopt the same policy, resort to devaluation, with which the destruction of employment for years was inevitable.
Answer: See explanation
Explanation:
Money is anything that is used to make payments and transactions. A sheep, shirt and a snickers bar are a poor form of money as they don't have the characteristics of what money should be.
Some of the characteristics of money include portability, acceptability, divisibility, durability, uniformity and limited supply.
A sheep, shirt and a snickers bar cannot be used as money because they can be produced in excess as they can have unlimited supply. Also, a sheep is heavy and doesn't follow the characteristics of portability.
Also, a cloth and snickers bar isn't durable as they can spoil easily. Also, they cannot be divided into smaller denomination. Therefore, the divisibility characteristics isn't followed.
In conclusion, they are bad form of money.