1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
How did wealthy families show off their wealth during the Renaissance?
zvonat [6]

The Renaissance took place in Europe during the 14th to 16th centuries with varying local features and causes. It was characterized by a change in the medieval worldview, where the presence of religious motifs was predominant, to the predominance of the reflection about the place of the human being in the universe.  

In order for this change to be financially supported, this was done by the wealthy people from the aristocracy and from the rising bourgeoisie who came to be known as <em>mecenae</em><em>.</em> These people would be honoured, painted and remebered by the artists they financed, publicizing their great cultural wealth.

3 0
3 years ago
Which of the following is NOT a reason for the creation of the electoral college ?
ra1l [238]

Answer:

1. To better represent the ideas and wants of the people

Explanation:

The electoral college does not in fact serve this purpose, presidents have been elected even when they held less of the popular vote, for example Donald Trump. Many say it goes against the principles of democracy, that being "to represent the ideas and wants of the people"

3 0
3 years ago
Nigeria is a country where most people farm or herd for a living. This means that they have a(n) _______ economy.
Anastasy [175]
Developing. Agriculturally based countries are usually still developing  <span />
7 0
3 years ago
Read 2 more answers
Who is the 42nd President
dem82 [27]
Bill Clinton was the 42nd President
6 0
3 years ago
Read 2 more answers
Volunteering involves giving_____<br> to others without receiving payemnt.
garik1379 [7]
Time and services would be the answer.
3 0
3 years ago
Other questions:
  • True or false? Germany, Austria-Hungary, and Italy formed the triple entente?
    15·1 answer
  • In what ways were the Constitution of the United States and the Georgia Constitution of 1789 similar?
    9·2 answers
  • How much did 7 stitches cost suelo in the man who quit money
    11·1 answer
  • Which group directly profi ted from the creation of the fi rst national bank?
    6·1 answer
  • The belief that all people had a right to life liberty and property was promoted by philosopher...
    5·1 answer
  • Nations that became militaristic were attempting to show off their
    15·1 answer
  • What was the lasting influence of the Israelites and why has it been so important in history?
    8·1 answer
  • Brian Ford went to high school with
    12·1 answer
  • The method that allowed goods to be produced in greater quantities at lower cost to the consumer was:
    12·1 answer
  • 2. What was the settled population of Texas in 1777? In 1790?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!