anyone plz summarize this?Buying things today is so simple. Just enter a shop, say a book store, choose the desired book and pay for it. Long ago, before the invention of money, how did people trade?
The most primitive way of exchange should be the barter trade. In this form of transaction, people used goods to exchange for the things that they had in mind. For instance, if person A wanted a book and he had a spare goat, he must look for someone who had the exact opposite, that is, that someone, say person B, must have a spare book of person A's choice and is also in need of a goat. Having found such a person, the problem does not end here. A big goat may worth not only one book, hence person B may have to offer person A something else, say five chickens. However, he runs the risk of person A rejecting the offer as he may not need the chickens. The above example clearly illustrates the inefficiency of barter trading.
Many years later, the cumbersome barter trade finally gave way to the monetary form of exchange when the idea of money was invented. In the early days, almost anything could qualify as money: beads, shells and even fishing hooks. Then in a region near Turkey, gold coins were used as money. In the beginning, each coin had a different denomination. It was only later, in about 700 BC, that Gyges, the king of Lydia, standardized the value of each coin and even printed his name on the coins.
Monetary means of transaction at first beat the traditional barter trade. However, as time went by, the thought of carrying a ponderous pouch of coins for shopping appeared not only troublesome but thieves attracting. Hence, the Greek and Roman traders who bought goods from people faraway cities, invented checks to solve the problem. Not only are paper checks easy to carry around, they discouraged robbery as these checks can only be used by the person whose name is printed on the notes. Following this idea, banks later issued notes in exchange for gold deposited with them. These bank notes can then be used as cash. Finally, governments of today adopted the idea and began to print paper money, backed by gold for the country's use.
Today, besides enjoying the convenience of using paper notes as the mode of exchange, technology has led man to invent other means of transaction too like the credit and cash cards

Answers

Answer 1
We take money for granted
The most primitive way to buy was to trade. This is exchanging one item for another but one item may have more value than the other so would be unfair. The other downside is that the other person may not want the item, no matter how much worth it has. The next idea was ‘money’ which would be anything from gold coins to seashells. This proved cumbersome to Greek and Roman traders so the idea of cheques sprouted. These could only be cashed by the person whose name was on them. This idea was opted by the government and began to print paper money.
This lead to paper notes being used till today along with other inventions such as credit and debit cards.

Related Questions

Nakia found five, shiny, pearls inside the oyster

Answers

Answer:

Nakia encontró cinco perlas brillantes dentro de la ostra

Explanation:

Answer:

If you are asking for a grammar correction, then the correct way to fix the sentence would be:

Nakia found five, shiny pearls inside the oyster.

(take away the comma after the word shiny)

I can edit my answer if you were looking for something else.

Can you help me with my homework? It is very simple but I don't know English

Answers

Answer:

Sentence 3: I put some frozen chicken nuggets in the freezer.

Sentence 4: You should leave out the chicken to thaw.

Sentence 5: There is some canned corn in the pantry.

The pilot or flight attendant __ usually alert during the flight.

Answers

Answer and Explanation:

Even though this question is missing the instructions, we can assume it is a "fill in the blanks".

The sentence is missing a verb. Due to the position of "usually", we can say the verb that is missing either the verb "be" or a modal verb - main verbs would come after "usually", not before. Since there is no other verb in the sentence, we can eliminate modal verbs and choose verb "be" as the best option. Modal verbs need another verb to complement their meaning; the verb "be", in its turn, can work on its own.

The subject is compound, joined by "or". In this case, the verb agrees with the part of the subject that is closest to it. Since "attendant" is singular, the verb will also be singular. Therefore, the correct sentence would be:

- The pilot or flight attendant is usually alert during the flight.

Why do you think Annie Dillard read The Field Book of Ponds and Streams so many times

Answers

Answer:

Annie Dillard read the book 'The Field Book of Ponds and Streams' so  many times as she found what she herself did not know she was looking for, the essential tools for naturalist trade.

Explanation:

"An American Childhood" is a memoir of Annie Billard. She wrote about her childhood and her high school days in the book.

In her book, she conveyed the message that how books help people to connect with each other emotionally as well as mentally. As Annie was an earnest reader, so when she was twelve years old, she enrolled herself in the nearest library, in Homewood. In that library, she found the book titled "The Field Book of Ponds and Streams."

She states that she read it several times especially chapter 3 of the book, which explains the essential tools for naturalist trade. Till she read that chapter, she herself was unaware of what she was looking for. The book unveiled to her many words of water and the life of insects.

She used to read the book every year and used to go through the list of names of people who borrowed that book to know that there are other people like her who are eager to find out about the 'ponds' and 'streams.'

The pilot or flight attendant __ usually alert during the flight.

Answers

Answer:

Explanation:

the options are "is" and "are"

The pilot or flight attendant is usually alert during the flight.

it's talking about either one noun or the other, not two or more nouns, it cannot be are instead it should be is

Which line from Act II of The Importance of Being Earnest is an epigram?

“I am not sure, however, that the news inspires me with feelings of unmixed delight.”
“It is always painful to part from people whom one has known for a very brief space of time.”
“You must remember his constant anxiety about that unfortunate young man his brother.”
“Were I fortunate enough to be Miss Prism’s pupil, I would hang upon her lips.”

Answers

Answer:

B. “It is always painful to part from people whom one has known for a very brief space of time.”

Explanation:

The line from Act II of The Importance of Being Earnest that can be considered an epigram is: “Were I fortunate enough to be Miss Prism’s pupil, I would hang upon her lips.”

What is an Epigram?

An epigram is a short statement that is expressed in a clever and witty manner.

The last speech can be classified as an epigram because it is witty in nature. It would not be possible to literally hang upon Miss Prism's lips. That is figurative and witty.

Learn more about epigrams here:

https://brainly.com/question/4030042

Create a multimedia presentation on the topic of unity.
Don't need someone to make a presentation just need topic ideas.

Answers

When the bride and groom light candles together, that’s unity

Answer:

Unity is being in harmony or one in spirit.

WHen people work together to build a house

Explanation:

Answer nicely what you love about your school in 3 or 4 words
Don't give useless answers or else I will report immediately!

Answers

Answer:

i like being able to see people that brighten up my day and i like seeing my favorite teachers.

Explanation:

Answer:

the good projects

Explanation:

What are some of the causes in social migration?

Answers

move somewhere for a better opportunity or lifestyle.

What is the English

Answers

English is the language of England, widely used in many varieties throughout the world.It is a universal language

Hope it will be helpful to you

Answer:

english = english

Explanation:

just facts dont come at me

My grandmother’s granddaughter is my ______?

Answers

Answer:

sister

Explanation:

take out the grand and it's easier. My mother's daughter is my sister. or me. if female.

Answer:

Sister.

Explanation:

You are both the grandchildren so the granddaughter would have to be your sister.

Why is this sentence is a metaphor:She's drowing in asea of grief

Answers

The sentence is a metaphor because "drowning in a sea of grief" means that someone is suffering from a lot of grief, and does not mean that they are literally drowning.

malachis cove What moral lesson might Trollope have intended this story to teach?

Answers

Answer:

One of the Moral lessons in this story is that experiences can change people. for instance the change of Mally's character. Also people have to put aside conflict and differences and trust each other.

Explanation:

The Tringo's and Gullivers families are always at conflict over the Authority of seaweed in a cove, Mally and Barty always compete over the seaweed. but when Barty fell into a waterhole, and Mally risking her own life to save him despite their differences, she discovered in his unconscious state that she loved him. at this point she experiences a transformation, she initially despised Barty but now she battles with her inner feelings in order to not despise him anymore.

Barty's parents accused Mally of murdering their son when he was still lying unconscious, but Barty later woke up and everything was revealed and both lived happily ever after.

One of the Moral lessons in this story is that experiences can change people for instance the change of Mally's character.

The moral lesson might Trollope have intended this story to teach:

The Tringo's and Gullivers families are continuously at struggle over the Specialist of ocean growth in a inlet, Mally and Barty continuously compete over the ocean growth.She at first detested Barty but presently she fights with her internal sentiments in arrange to not detest him anymore. Barty's guardians denounced Mally for killing their child when he was still lying oblivious, but Barty afterward woke up and everything was uncovered and both lived cheerfully ever after.Also, people have to put aside conflict and differences and trust each other.

Know more :

https://brainly.com/question/24678024?referrer=searchResults

Which quote from the novel Jane Eyre best represents charlotte bronte theme of independence

Answers

Answer:

“What do I want? A new place, in a new house, amongst new faces, under new circumstances…”

Explanation:

The question states which quote represents her independence let's analyze each quote.

A)“Habitually obedient to John, I came up to his chair: he spent some three minutes in thrusting out his tongue at me as far as he could without damaging the roots…”    This quote is incorrect because it says she is obedient to John.

B)“You ought to be aware, Miss, that you are under obligations to Mrs. Reed: she keeps you: if she were to turn you off, you would have to go to the poorhouse.”    This quote is incorrect because it says that she is under obligations of Mrs. Reed.

C) “What do I want? A new place, in a new house, amongst new faces, under new circumstances…”     This is correct because she is talking about what she wants.

D)I had had no communication by letter or message with the outer world: school-rules, school-duties, school-habits and notions, and voices, and faces, and phrases, and costumes, and preferences, and antipathies—such was what I knew of existence.     This is incorrect because it says she has no communication with the outside world therefore not independent.

In conclusion the answer is C

Read the passage. Then use the drop-down menus to identify details that help you understand Diane France.

Which detail tells you that France is focused on her work?

Which detail tells you that France is a caring person?

Answers

Answer:

D and D

Explanation:

Answer:

D. "she ignored the 'Is He or Isn't He' debate"

D. "she felt it was far more important to help the families"

Explanation:

I got this question right

The pet store salesman told Evan to feed his dog 8 ounces of food per day. The food is sold in pounds. How many pounds does Evan need to buy for 2 weeks of feeding his dog? (16 ounces = 1 pound)

Answers

Answer:

Explanation: 32 ounces = 2 pounds

What part of your identity did you struggle the most with growing up?What part of your identity is most important to you?

Answers

Explanation   we will struggle more by stopping ourself from stopping

and do good to others

Answer:

e

e

Explanation:e

Analysis Essay Post-lest
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Time Left:2:58:26
Ronnell Mumphrey: Attempt 5
Page 3 of 10
Previous Page
Next Page
Question 3 (1 point)
Determine if the following sentence is written in Active or Passive Voice:
The chef won the award.
Active Voice
Passive Voice

Answers

Answer:

Written in active voice.

The length of a rectangle is 4 yd longer than its width.
If the perimeter of the rectangle is 52 yd, find its length and width.​

Answers

Answer:

so the length of one side is 15yd,

and the length of the width is 11yd

Explanation:

52-8=44

44÷4=11

11+4=15

so the length of one side is 15yd,

and the length of the width is 11yd

to prove, 1\1+11+15+15=52yd

Where is Ponyboy wounded

Answers

Answer:

The head

Explanation:

He gets a concussion from a roof beam falling on top of him during the fire.  Then, he was kicked in the head.Then a Soc ( one of the rich kids) hits him with a pipe.

Which statements accurately compare the two passages?
Select three options.
A:Each text describes the tributes and taxes that Trujillo
demanded
B:Each text describes how frightening it was to live under
the dictatorship
C:Each text presents different information on the same
topic
D:Each text presents different information from a different
point of view
E:Each text describes how men and women were treated
differently​

Answers

Answer:

B. Each text describes how frightening it was to live under the dictatorship.

C. Each text presents different information on the same topic.

D. Each text presents different information from a different point of view

Explanation:

A. Incorrect, that was only for one text. The other text had different details.

E. Incorrect, that was only for one text.

You may also refer to this link: https://brainly.com/question/13425159

This answer is correct.

Answer:

B, C, D

Explanation:

What phrase from the

Answers

Answer:

From the what

Explanation:

What causes alfonso and ernie to argue in broken chain

Answers

Answer: i believe it is,

The idea that Alfonso's new girlfriend might be the same girl who stood Ernie up makes the two break out into an argument

Explanation:

Answer:

(D) the idea that Alfonso's new girlfriend might be the same girl who stood Ernie up

Explanation:

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What act MOST symbolizes a resolution for Esperanza?

OA) She boards the boat even though she is afraid.

OB, She clasps her St. Christopher's necklace around Turtle's neck.

OC) She places the flower Esteban has given her in her hair.

OD) She signs the papers in the magistrate's office.

Answers

Answer: Option B.

She clasps her St. Christopher's necklace around Turtle's neck

Explanation:

The Bean Trees is a novel written by Barbara kingsolver which was published in 1988. It was a story about Taylor and her decisions. It starts when Taylor make a decision that it's the appropriate time to leave Pittman, Kentucky, where she lives with her mother, and make something of herself. She buys a 1955 Volkswagen and embarks on a personal journey of self-discovery, leaving everything behind, including her name. Her mother Esperanza later make a resolution with her daughter when she clasps her St. Christopher's necklace around Turtle's neck.

What is one good way to understand how a book affects different people?

Answers

Answer:

Explanation:

Books affect different people in different ways

some people have the same problems as people in a book and so thats why they explain peoples lives to know that your not the only one going through things and some people dont like hearing other people's life story's because it might remind them of someone they cared about who is gone or anything like that.

It helps us relate to other people and encourages us to be kind and considerate of other people's feelings. As it turns out, reading can actually help improve empathy. When people read stories about other people's lives, it helps them develop the skills to understand the world from another person's perspective.

What are some of the effects of reading?improves brain connectivity.increases your vocabulary and comprehension.empowers you to empathize with other people.aids in sleep readiness.reduces stress.lowers blood pressure and heart rate.fights depression symptoms.prevents cognitive decline as you age.

Learn more about the effects of reading books here https://brainly.com/question/16163345

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Which historical event and its horrors did modernism react to?

Answers

the great depression, the rise of fascism, and the horrors of total war with world war 2.

out Education

Statement

Which would be the best concluding statement for this

argument?

Doing community service makes towns better for

business and for individuals.

Community service will give you something to do

Volunteering for community service will help prove

Mayor Lin night

Volunteering to do community service will save

everyone in town money

Answers

Question:

Read this excerpt from an argumentative essay about community service.

"Everyone should volunteer for community service. According to a state survey, towns in which people perform community service attract more business. In a recent speech, Mayor Lin said, “Parks are clean due to our volunteers. We have saved nearly one million dollars because of people chipping in.”

 

Which would be the best concluding statement for this argument?

A. Doing community service makes towns better for business and for individuals.

B. Community service will give you something to do.  

C. Volunteering for community service will help prove Mayor Lin right.

D. Volunteering to do community service will save everyone in town money

Answer:

The best statement to conclude the above argument with is A

Explanation:

According to the excerpt, a state survey showed a link between influx of businesses due to the high rate of community service therein. It also mentions that the state saved a lot of money as a result of same factor.

When the parks a clean and there are more businesses in the community, it translates to better good for members fo the community.

Cheers!

Answer:

it is A

Explanation:

on edge

What does inferno indicate about medieval values?

Do you agree with Dante’s hierarchy of Hell? Why or why not?

Answers

Answer:

That medieval values were religiously motivated.

At first sight I didn´t, but to a certain degree I agree.

Explanation:

Dante's Inferno is the first part of three: Inferno, Purgatory and Paradiso.

The inferno describes the voyage of Dante with his guide Virgil through the different levels of hell. As the two other parts and Inferno clearly indicate, the (moral) values of Dante's work - that reflects the medieval time in which he lived - concentrate on the cornerstone of religion: your acts on earth will have its consequences in heaven or, more likely, in hell.  The religious dogma´s of the Middle Ages are clearly represented in the absolute faith that, if you´re unfaithfull, morally unjust or, even worse, worship the wrong  religion,  you´re bound to suffer in after-life.

Dante's hierarchy of hell goes from lust via other sins to violence and ends surprisingly with betrayal. For example we find Judas and Brutus at the highest, or last level of hell. Fraud also scores very high on the sin-scale of Dante´s inferno. I was tempted to disagree with Dante but later I realised that betrayal can leave even deeper wounds than violence does.

This dress is more beautiful than that one.
(underline the adjective)

Answers

Answer:

This dress is more beautiful than that one.

Explanation:

This dress is more beautiful than that one.

How does
Maupassant
develop the
narrator's
character over the
course of the
story?

Answers

Answer:

The main character realizes what he thought of as love and being loved, when he was deceived.

Explanation:

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