The effect was of that of the robbery
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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According to Hawaii is a small territory that was annexed to the USA in 1898. Although that the annexation was carried out by mainly to increase American control, this is best annexation brought many controversies by Americans who did not see the annexation with a good eye and also that mainly, by the Hawaiians who did not consider that it was beneficial to them.
Firstly that when many Americans complained that Hawaii was an extremely small territory, its annexation would bring that are a great expense to the American economy and also the little benefit that is Hawaii was a very small territory and also that it had little influence both politically and economically.
When The Hawaiians did not want to give up their dominance in their territory that is claimed its Hawaii was sufficient economically and also that politically to survive without the help of a foreign government that it would decimate their are the culture and also that interfere in their governance, <u>ethnicity, customs, and supremacy.</u>
Answer:
English settlers pushed too far into American Indian lands
Explanation:
Can you restate you question, I don't really understand what your trying to ask
