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Readme [11.4K]
3 years ago
10

How did the development of currency change trade?

History
1 answer:
max2010maxim [7]3 years ago
8 0

Answer:

Money allows people to trade goods and services indirectly. In a barter economy, a buyer must find a seller in search of the exact goods that he/she has to offer. With the gold standard, the money supply would be tied to the amount of gold the country possessed, and a restricted money supply could impede economic growth.

Explanation:

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The authoritarian governments means a government which consumes the central power strongly and there is less freedom to political choice, less freedom to the press and strong nationalism ,opposed to liberalism. Prior to the outbreak of WWII there were several authoritarian governments raised in the Europe and Asia. There was Hitler government in Germany, Mussolini Government in Italy,Joseph Stalin in Soviet Union, emperor of Japan. All of these authoritarian governments were at the peak of their time before the WWII and ruled their country with their hard principal.

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