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:
Option: D) Rwanda in 1994
Explanation:
The genocide creates a situation of the removal of ethnic and minority groups from society as they are term as unwanted populations. The Rwandan genocide happened because of a political struggle between the Tutsi and Hutu. Hutu were the extremist who targeted members of the minority Tutsi community. The Tutsi dominated Rwanda for a long period in the country despite the population largely consist of 85% Hutu. The genocide began after President Juvenal Habyarimana killed according to the Hutu community by Rwandan Patriotic Front.
The answer to your question is it was founded in 1833 by william Lloyd Garrison and other abolitionists. Garrison burned the Constitution as a pro-slavery.
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