Differentiate between commodity money and fiat money

Assignment Help History
Reference no: EM13160856

I need these questions answered correctly please! If you answer them all YOU WILL GET THE 3000 PTS. Just answer the questions correctly.

1. Differentiate between commodity money and fiat money. Which was used during the colonial years and what problems were common with this type of money?

2. How did strict constructionism and interstate commerce influence the development of the nation's infrastructure during the antebellum period.

3. If the market ratio of silver to gold is 13:1 and the mint ratio is 14:1, then gold will circulate as money. True or False? Explain.

4. Based on our discussion of Zimbabwe, do you agree that Zimbabwe's currency prior to dollarization was an acceptable medium of exchange? Be sure to consider the characteristics that contribute to a well functioning medium of exchange.

 

5. Use the concept of "Incentives Matter" to explain why the change from planter shares (communal ownership) to private ownership, during the colonial years, improved worker incentives and fostered economic growth.

Reference no: EM13160856

Questions Cloud

Indentured servants-tobacco and slaves : Explain how and why tobacco planters in the Chesapeake region came to rely on African slaves rather than European indentured servants over the course of the seventeenth century.
How does gene duplication work : How does gene duplication work and how does it relate to evolution?Please do not copy and paste from wikipedia and tell me in your ownwords. Provide a good explanation. Thanks!
What percentage of zygotes are heterozygous : If a random mating population contains 15% individuals expressing a recessive trait coded by a gene with two alleles, what percentage of zygotes are heterozygous?
Why is it that a carrot plant can express a bacterial gene : Why is it that a carrot plant can express a bacterial gene?
Differentiate between commodity money and fiat money : Differentiate between commodity money and fiat money. Which was used during the colonial years and what problems were common with this type of money?
What happens to columns of cells in the integumentary : what happens to columns of cells in the integumentary system that die after becoming filled with keratin?
State hydrogen phthalate in water to reach equivalence point : It required 16ml of a sodium hydroxide solution titrated against a standard solution of 0.79g of potassium hydrogen phthalate in water to reach equivalence point. What is the molarity of the sodium hydroxide?
Compare and contrast specific and acquiredimmunity : Dopamine is formed from an amino acid and can further beconverted to epinephrine or adrenaline. Starting withphenylalanine, synthesize epinephrine.
Discuss genetic translocation : Short answer in complete sentences

Reviews

Write a Review

History Questions & Answers

  Civilization create need for people-reconnect to environment

Why do so many people want to go camping on vacations? Does very essence of civilization create the need for people to reconnect with natural environment?

  Augustan age and stability

How was relative stability maintained during the Augustan Age of the Roman Empire?

  Governments and people of europe

What impact did the Price Revolution have on the governments and people of Europe?

  Southern farmers alliance and the colored farmers alliance

The Southern Farmers' Alliance and the Colored Farmers' Alliance.  The platform of the People's Party in the 1890s.  The Populist politician Tom Watson of Georgia openly courted African American voters,

  Subjective and objective analysis

Analyze and interpret three creative works from three separate disciplines of the humanities using methods of subjective and objective analysis.

  Identify the person who said all men are made equal

Malcolm X once remarked: "Who was it who said ‘all men are made equal'? It was Jefferson. Jefferson owned more slaves than anybody else."

  Distinguish architecture of minoan-mycenaean civilizations

Distinguish the architecture of Minoan and Mycenaean civilizations. What do remains tell us about ways in which each culture was governed?

  English society in north america

What does the outcome of the trials tell us about the leaders of English society in North America?

  Mexican war of 1846

Describe the experiences of Native American tribes involved in the Indian Removal Act of the 1830s.

  Outcome and legacy of civil war

Summarize the contributions of each, North, South, West to the outcome and legacy of the Civil War.

  Developments in humanities that characterizing period

Give a brief summary for each period of the important developments in the humanities that characterized the period.

  Weaknesses existed in us civil war

What weaknesses existed in the South at the start of the Civil War? Were these same weaknesses present in the North? Explain thoroughly your conclusions.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd