1. Answer: People didn't have to trade goods.
Explanation:
With a unitary currency, trading goods became easier. It also allowed people to have a standardized form of trading, where each commodity had the same value for everyone. Also, money it made possible for people not to have goods and still trade and buy stuff. It also allowed them not to carry their commodity around when they wanted to trade. Money was a precondition for open market and competition. Money was a starting point for credit system and banking.
2. Answer:
Paper money was easier to handle and carry around. It is also fictional because, it has no other value, but the value people gave it in order to recognize it as an official form of money. It is originally issued by banks, and is a legal requirement for buying commodity. First paper money originated in South-East Asia and China. A disadvantage for paper money is that it makes inflation possible, which is made financial crises, because the money loses all of its value.
3. Answer:
The best thing to put on the coin is a symbol of the state - a government's house, or some former leader - founding father of the country. This symbol should be on the back of a coin, while on the front there should be the amount of money this coin represents. While coins nowadays represent small amounts of money, there should be a denomination of 1 or 2 on the front side of the coin.
<u>Schema </u>is the mental structure that aids in the processing and interpretation of information.
Schema is a cognitive tool. It is the mental structure that individuals use for processing and interpretation of information. This guides cognitive processes and accompanying actions.
Through the schemata, people categorize things and situations around them based on some common features and elements, using these classifications then to understand and predict their world.
Sensory and conceptual information is processed, classed, and stored within these mental structures. This cognitive faculty helps one to function in the world by helping us understand things and events, and make conclusions and predictions about different circumstances.
Schemata includes the worldview, stereotypes, and rubrics one has.
To learn more about the Schema: brainly.com/question/1234001
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Answer:
Because of the difference b/t a cabinet secretary acting according to the president's orders and acting as directed by the law.
Explanation:
Answer:
A)
Explanation:
Inelastic demand means that the demand would not change as price changes. It generally happens for goods that are non-replacable, with little competition, and other factors (e.g. location, short-run) that make the buyer insensitive to the price.
Answer:
a Self-fullfiling prophecy.
Explanation:
Self-fulfilling prophecies are psychological phenomena in which individuals predict an event, and due to their conscious or unconscious behavior, said event ends up happening.
For instance, Jim has a physics exam in two weeks. The exam is about thermodynamics, a topic that James dislikes because he doesn't understand it. After hearing the news that the exam was coming, he immediately claims that he was going to fail the exam. Out of resignation, he thinks: why bother studying, I'm not good at thermodynamics, and even though he may not realize it, he is setting himself up to fail. The day of the exam comes, and because he did not study one bit during the last two weeks, he loses the exam.
In this particular case, Marcus has a big wrestling match coming up, but he fears that he will lose. The week before the match, he claims that he is "really busy with other studies," and does not practice at all. Even though he may not realize he is doing this, he is setting himself up so that he will have an "excuse" in case he loses the match. Marcus is apparently engaging in a self-fullfilling prophecy.
