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QveST [7]
3 years ago
5

The new inventions of the the cotton spilling wheel,which had a name just look it up that allowed people to be clothed and the p

rinting press that allowed people to mass print papers and books!
Social Studies
1 answer:
Kisachek [45]3 years ago
4 0
I'm not sure what your question is? It is true that the invention of the cotton spinning wheel and the printing press allowed people to get dressed and be clothed faster and cheaper than before but it also meant that books were more affordable. 

Due to all of this people were becoming more literate and informed as well as better dressed!

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1. Answer: People didn't have to trade goods.

Explanation:

With a unitary currency, trading goods became easier. It also allowed people to have a standardized form of trading, where each commodity had the same value for everyone. Also, money it made possible for people not to have goods and still trade and buy stuff. It also allowed them not to carry their commodity around when they wanted to trade. Money was a precondition for open market and competition. Money was a starting point for credit system and banking.

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Paper money was easier to handle and carry around. It is also fictional because, it has no other value, but the value people gave it in order to recognize it as an official form of money. It is originally issued by banks, and is a legal requirement for buying commodity. First paper money originated in South-East Asia and China. A disadvantage for paper money is that it makes inflation possible, which is made financial crises, because the money loses all of its value.  

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The best thing to put on the coin is a symbol of the state - a government's house, or some former leader - founding father of the country. This symbol should be on the back of a coin, while on the front there should be the amount of money this coin represents. While coins nowadays represent small amounts of money, there should be a denomination of 1 or 2 on the front side of the coin.

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If the government let some members of the public to participate, it can contribute to the overall success of these activities.

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