Problem with using commodity money in the us colonies prior to 1700 Very few people were willing to accept commodities as payment.
British creditors feared charge in a currency of such fluctuating cost and to alleviate their fears the colonies have been prohibited from printing more paper cash. This brought about the cost of current paper money to plummet. This jolted a colonial economic system already suffering a surge in populace and could not be contained.
Colonial people complained that gold and silver coins were chronically scarce. those coins could be received simplest thru importation. Given unrestricted change in specie, marketplace arbitrage must have eliminated continual shortage.
Commodity cash is money whose fee comes from a commodity of which it's miles made. Commodity cash includes gadgets having cost or use in themselves as well as their value in shopping for items.
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Answer:
Explanation:
An economic activity takes place when resources such as capital goods, labour, manufacturing techniques or intermediary products are combined to produce specific goods or services. Thus, an economic activity is characterised by an input of resources, a production process and an output of products (goods or services). - brainlist if correct
President Theodore Roosevelt supported conservation efforts for all of the following reasons EXCEPT America, which was too much dependent on imported foreign oil.
Many people refer to Theodore Roosevelt as the "conservationist president." Roosevelt is memorialized by a national park that carries his name and preserves the memory of this great conservationist here in the North Dakota Badlands, where many of his personal concerns first gave rise to his environmental initiatives.
The United States Forest Service (USFS) was established by Roosevelt after he was elected president in 1901, and the American Antiquities Act of 1906 allowed for the creation of 150 national forests, 51 federal bird reserves, four national game preserves, five national parks, and 18 national monuments. Theodore Roosevelt safeguarded almost 230 million acres of public property when he was president.
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Brazil is in the South Atlantic Ocean .
