B) <span>set up for anyone who was in opposition to Hitler</span>
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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In the age of imperialism, Britain, Spain and France had gained a clear advantage with colonies in Africa and South America, and they had control of some of the more choice parts of those continents. These three countries' access to seas made it easier for them to set up and maintain colonies. Germany, however, was left to fight for the few territories remaining that had strategic or resource value.
Answer:
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Explanation:
