Cotton, car and books, something you can see and feel.
Karen used her silver receipt representative money to purchase a bike. Luke purchased two dozen eggs with commodity money and six apples.
Chris used coins from the government's flat money to purchase a bagel.
<h3>What is commodity money?</h3>
- Money that derives its worth from the commodity from which it is made is known as commodity money.
- Commodity money is made up of things that have worth or utility beyond only being exchangeable for products (intrinsic value).
- This contrasts with fiat money, which derives its value from having been established as money by government regulation, and representational money, which has no intrinsic worth but instead represents something valuable like gold or silver, which can be exchanged.
<h3>What is flat money?</h3>
- A form of currency known as fiat money is not backed by any physical good, like gold or silver.
- Usually, the government declares something to be legal tender through a decree.
- Fiat money has occasionally been created throughout history by regional banks and other organizations.
Learn more about commodity money here:
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Answer:
my initial response was buddah, but 'the buddah are the founders of hinduism' doesnt sounds right sooo
i think the answer is monks. upanishads are documents and gurus are teachers, not necessarily founders
i could be wrong, but i hope this helps anyway
Explanation:
The first Africans arrive to the America as slaves in Jamestown.
<u>Explanation:</u>
- The Africans who arrived in America first set up the colony in the Jamestown of Virginia in 1607 as slaves.
- The first Africans who arrived in America are by the slave trade made by the Portugues that is they came by the transatlantic trade. Thus the Africans were largely from the Kongo regions of west-central Asia. They were kidnapped by the Portuguese for the slave trade.
- Jamestown was made as to the first colony because it needed the large manpower for the cultivation of crops and tobacco. Thus the African who settle in the Jamestown was utilized for the cultivation of crops and farming .
The culture that tried to find a cause for mental illness was the Greeks.
