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liubo4ka [24]
3 years ago
10

What kind of money is a gold certificate considered to be

History
2 answers:
Korolek [52]3 years ago
8 0

A dollar is no longer worth a dollar in gold. When this happens, the money becomes fiat money. Instead of using gold as the power behind the money, the government is the strength and the reason the fiat money has value. The money has value because the government says it does.

ehidna [41]3 years ago
6 0

A gold certificate is considered to be a representative money.

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Benefits and challenges that the Clergy class faced
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Pros :

You had the possibility to help people rather directly as there were more little towns.

People were much more receptive to your preaches. You had a rather large freedom of speech especially if you were a bishop. (This is not in middle ages but the priest that lead Louis XIV burial mass said in his preach “Only God is great !” (Implicitly saying that the king was a standart man that was confronted to the same necessity than other people).

You had access to a good education (and to some boos, what was rather scarce before the XVIth century) hence, you were one of the few litterate persons allowing you to teach people how to read and write. You could have an intellectual influence and a social influence by teaching the local lord’s children how to read and sometimes give political pieces of advice to the local lord.

You could yourself be a local lord as bishop / head of an abbey.

You could be the head of a local charity (origin of hospitals).

In France you didn’t pay taxes. On the contrary, you received one tenth of peasants’ crops.

If you were an eminent bishop / cardinal, or if you were the Pope you could have tremendous spiritual and political power.

You could get married while being a catholic priest (before the XIIth century, before 1123 precisely).

Cons :

You could be obliged to condemn people because they didn’t believe in God - help the Inquisition.

You had to help / discuss with people that were sentenced to death what should have been very difficult on a psychological point of view.

You couldn’t get married after the XIIth century (after 1123).

You could be seen with envy considering your privileges.

Explanation:

found it online

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