Answer:
Adam Smith would have disagreed with this statement. He believed government should not regulate the economy or control trade.
I think Habsurg ruled the Austrian empire through much of the 19th century.
House Habsburg of Austria was regarded as the most influential/powerful house in Europe at that time. This house alone produce several emperors for different kingdom all across Europe, Including the Kingdom of Austria, , Kingdom of England ,Kingdom of Croatia, Kingdom of Germany, Kingdom of Hungary, and Kingdom of Spain that's what I know.
Hope it helps
The value of Fiat currency is a nation's credit, and that is because it is used to clear off debt by the citizens of a nation.
Fiat currency is, thus, a government issued-currency that is not supported by physical commodity, such physical commodity can be gold or silver.
The value of fiat money then is gotten from the relationship between supply and demand and the stability of government issuing it instead of the worth of a commodity that backs it.
For example, the United states dollar, euro and many world currencies are all fiat currency.
Government, historically, mint coins from valuable physical commodity and print paper money that could be redeemed for a particular amount of physical commodity.
In the case of inflation or hyperinflation, fiat money tends to loose value and this is because it is not connected to physical reserves such as gold or silver. if people lose faith in the country's currency, it tends to lose its value.
This is entirely different from currency that is backed by gold mainly because the demands for products made of gold such as jewelries, computers, electronic devices and aerospace vehicles are very high.
Fiat currency is issued by most government as legal tender for the purpose of debt repayment
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KEYWORDS:
- fiat money
- gold or silver
- currency
- government
- debt
- physical commodity
- legal tender
Answer:
The right answer is A.
Explanation:
In its beginning, the secret Noble Order of the Knights of Labor (founded in 1869) proposed to replace capitalism with a system of worker cooperatives. Ten years later it became public and shredded the "noble" from its name. For a long time, it focused on economic benefits for its members.
Answer:
To stop immigration into the United States To decrease the power of the president To increase the freedom of the press To limit criticisms of the government.
Explanation:
