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:
brainly.com/question/13146777
#SPJ4
I’m not sure, I would either say Spanish or French. The Spanish owned land in the North Western America, while France owned “Louisiana”
Answer:
The Nazis probably wouldn't have gone as far as they did if a major country stopped them earlier
Explanation:
but there were definitely groups that defied the Nazis and rescued Jews
The Ninth Amendment states, The enumeration in the Constitution, of certain rights, shall not be construed to deny or disparage others retained by the people.” It was designed to work with the Tenth Amendment to reinforce limits on the federal government
Most states granted voting to the property owners.
