faulktrey8338 faulktrey8338
  • 18-09-2017
  • History
contestada

Throughout history, why were gold and silver the preferred kinds of commodity money?

Respuesta :

chanceanderson459
chanceanderson459 chanceanderson459
  • 18-09-2017
They are valued metals unlike the paper bills today which is given the value in the hands of the government and are just printed. Gold and silver also have all the main components that money should have, portability, limited supply, durability, divisibility, uniformity, and so on. 
Answer Link

Otras preguntas

how can paleontologists help us understand the past
what was the major events that led the British to defeat
Who was the boy who  became king at the age of 9?
Why did the Berlin Conference occur?
Why did the Berlin Conference occur?
Find the circumference of the circle 30m. use 3.14 for n
Find the circumference of the circle 30m. use 3.14 for n
why did foreign powers treat the US government under the Articles of Confederation with scorn?
Why aren't all minerals gemstones?
Modern Western ideas about freedom, the value of the individual, forms of government, and systems of law came from __________.