Cash money would lose integrity if no gold was there to represent and backup our currency value.
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Industrial Revolution, in modern history, the process of change from an agrarian and handicraft economy to one dominated by industry and machine manufacturing. This process began in Britain in the 18th century and from there spread to other parts of the world. Although used earlier by French writers, the term Industrial Revolution was first popularized by the English economic historian Arnold Toynbee (1852–83) to describe Britain’s economic development from 1760 to 1840. Since Toynbee’s time the term has been more broadly applied.
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Oversimplifications often ignore complex or contradictory evidence. Explanation: Historians should avoid over simplification as such because it often ignores complex or contradictory evidence. Historians are saddled with the responsibility of trying to understand and decipher the past in order to predict the future.
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