Explain the difference between representative and commodity money, and give examples of how each was used along the Silk Road.

Answers

Answer 1

Answer:

sample answer/ possible answer- Commodity money refers to items of value that are used as money. The value is sized on by the parties involved in the trade. Some forms of commodity money used on the Silk road were cowry shells, animals, feathers, and beads. Representative money refers to a paper currency that gets its value from a governments promise to exchange it for a certain amount for gold or silver. In China, paper money was first used as a form of representative money in about the ninth century. it’s use was limited on the Silk Road because the money did not have value outside of China.

Explanation:

possible answer/ sample answer on edge 2020

Answer 2

The representative money is referred to as the money that carries no intrinsic value with it. The commodity money is termed as the money that carries an intrinsic or a valid value of money.

Commodity money is a term that refers to precious pieces that are used as money. The parties involved in the trade determine the value.

Cowry shells, animals, feathers, and beads were examples of commodity money used on the Silk Road.

Representative money is a paper currency whose value is derived by a government's commitment to swap it for gold or silver in a specific amount. In China, around the ninth century, paper money was initially utilized as a sort of representational money.

Because the money had little value outside of China, its usage on the Silk Road was limited.

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Related Questions

What was Babur known for?


A. He defeated neighboring tribes and created the Mongol Empire.


B. He built a stunning mosque in Istanbul and was known as "the Magnificent."


C. He invaded northern India in the 1520s and established the Mughal Empire.


D. He decreed a new code of laws for his empire and supported the arts.

Answers

Answer:It will be C. He invaded northern India in the 1520's and established the Mughal Empire.

Answer:

Its C

Explanation:

I took the test

Which part of the colonial government had members elected by the colonists?
the assembly
the council
the proprietor

Answers

Which part of the colonial government had members elected by the colonists?

Answer:

The assembly

How did the Aztecs use slaves to benefit their economy?

Slaves were used to fight against other tribes.
Slaves were sold for profit in neighboring city-states.
Slaves were used to keep records for the civilizations.
Slaves were sacrificed to the gods for prosperity in return.

Answers

Slaves were used to fight again other tribes hope this helped <3 :)

Answer:

A

Explanation:

Slaves were used to fight against other tribes. Slaves were sold for profit in neighboring city-states. Slaves were sacrificed to the gods.

What factors contributed to rivalries between English and Spanish explorers?

Answers

Spanish developed extractive industries in precious metals, whereas English were more likely to establish economies based on trade. More royal control over Spanish colonies than English because English were settled to escape political and religious persecution.

Did this help?

Which shows a change in trade from early villages to complex societies?

Skilled villagers were able to trade their goods and services with other villages.
Clans focused on their own survival, using the environment to hunt and fish from place to place.
Early villages developed temporary shelters to follow herds, competing with other villages for food.
Villages were expected to meet the needs of their own people through farming and hunting in seasonal locations.

Answers

Answer:

A

Explanation:because if they were trading and figuring out how to market i would say that’s an upgrade in their time. Leading up to the stores we have now.

Skilled villagers were able to trade their goods and services with other villages. The appropriate response is option A.

What is the significance of trade?

Trade is essential for maintaining a competitive global economy because it spurs innovation and encourages markets to become more specialized.

The ability to trade also allows access to goods and services that may be of higher quality and less expensive than their domestic counterpart. In some cases, there may be no domestic alternative, in which case trade can provide a resource that would otherwise be unavailable.

As a result, a country can focus its production on areas in which it specializes (or has natural resources) and then trade any excess quantity to a country that specializes in a different area.

Skilled villagers were able to trade their goods and services with other villages shows a change in trade from early villages to complex societies.

Hence, Option A is an appropriate response.

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Which two important goals did Congress achieve, based on the authority provided by the Articles of Confederation?

Answers

Answer: enacted the Northwest Ordinances

Explanation: because they gained control of interstate commerce set up a national court to solve interstate disputes

Answer:

ratified the Treaty of Paris after negotiations with the British

enacted the Northwest Ordinances

Explanation:

it is right for edmentum users

Which belief did the Sumerians hold?

A. The gods were always kind.

B. Powerful gods controlled everything.

C. There were no gods/goddesses

D. The gods did not require prayer or offerings

Answers

Answer: b

Explanation:

What type of government did England, France and Eastern States have and how did they change?(This is the times of Kingdoms and Crusades and if you want the text then it is on MCGRAW HILL but I don't think you will be able to and it is page 35. This is online textbook though)

Answers

IDK LOGIN I NEED HELP TO

How were the different stages of society organized over time?

Nomadic clans grew into civilizations when they learned to form permanent villages.
Villages formed as a result of the advanced techniques of nomadic hunting by clans.
Complex civilizations included clans that followed the herds for food from place to place.
Complex villages were the most advanced form of people living together as they hunted from place to place.

Answers

Answer:The correct answer is A. Nomadic clans grew into civilizations when they learned to form permanent villages.

Explanation:The beginning of human civilizations, as well as, permanent human settlings such as cities was the result of a sedentary lifestyle. Indeed, before the first civilizations, human communities survived by hunting animals and gathering resources in one location and then moving to another depending on availability, which is known as nomadic life. This changed during the Neolithic as human groups developed agriculture and could settle in one place leading a sedentary life. This important advancement led to the creation of settlements, which later grew to villages, towns, cities, etc. According to this, societies were first composed of nomadic clans but this later became civilizations as permanent settlements were created (option A.)

Answer:

Nomadic clans grew into civilizations when they learned to form permanent villages.

Please put the colonies listed below in the correct order they were founded (started)

Pennsylvania

Rhode Island

North Carolina

Georgia

Answers

Answer:

1. Rhode Island

2. Pennsylvania

3. Georgia

4. North Carolina

Explanation:

1. Rhode Island- May 4, 1776

2. Pennsylvania- December 12, 1787

3. Georgia-January 2, 1788

4. North Carolina-November 21, 1789

First is Rhode island, Pennsylvania, Georgia and then North Carolina

How did the Code Noir affect slavery in colonial Louisiana? A. It outlined what both slaves and owners were allowed to do B. It provided a way for slaves to earn their freedom C. It limited the number of slaves a white person could have. D. It protected the rights of slaves and restricted the types of punishments a slave could receive.
I'm torn between A and D so please help.

Answers

Answer:

d

Explanation:

D. I hope it helps you

10. PLEASE HELP!! IT'S OVERDUE ~CRIES~ !! WHOEVER ANSWERS QUICKLY AND CORRECTLY, AND GIVES AN EXPLANATION, WILL BE MARKED BRAINLIEST!!

(i tried to copy the pic of the diagram below)

French and indian war -> england incurs massive debt -> ?

Which of the following correctly completes this graphic organizer?


A. England sells it’s territory west of the Appalachian Mountains to France
B. England levies numerous taxes on the colonies
C. France cedes territory west of the Appalachian Mountains to England
D. England purchases Florida from Spain

Answers

Answer:

I believe he answer is C......

Explanation:

I took this a while ago its either C or B

your answer would be B!!

PLEASE HELP!! IT'S OVERDUE ~CRIES~ !! WHOEVER ANSWERS QUICKLY AND CORRECTLY, AND GIVES AN EXPLANATION, WILL BE MARKED BRAINLIEST!!

The Boston Tea Party could be characterized as —

A. an act of civil disobedience in response to British economic policies
B. a royal event held in Boston to honor King George III
C. protests against the Committee of Correspondence
D. The celebration of the closure of Boston Harbor

Answers

The answer would be A

It is A because the american colonists were mad at Britain for imposing a taxation without representation meaning that they could tax you without having to physically ask

It’s A because I took the same test and got a 100% so I know A is correct. :)

Yo can someone help me out

Answers

Answer:

Gulf of Mexico

Explanation:

Gulf of Mexico

Both rivers meet and flow out together into the Gulf of Mexico. None of the other bodies of water touch the Gulf of Mexico.

Hope this helped :)
Please make me the Brainleist(not sure if I spelled that right)

Which achievement was Giovanni Caboto, also known as John Cabot, known for?


He reached North America before Columbus but was unable to prove that he had found a new continent.


He proved that North and South America are connected by an isthmus in present-day Panama.


He defeated the Spanish Armada, allowing England to establish a vast empire in the New World.


He sailed under the English flag and landed in Canada, giving England a claim to much of North America.

Answers

Im pretty sure it’s the first 1 one
answer would be the first one

Which of the following best describes what drought is and why it is such a major challenge?
a.
Drought creates a moistness in the soil, which can cause crops to rot. Farmers can lose their entire crop
b.
Drought is a method of agriculture, in which the farmer sets fire to land to add nutrients to the soil. The fires can be a problem if they get out of control.
c.
Drought is caused by a lack of rain. It causes the destruction of crops which can often lead to widespread famine.
d.
Drought is caused by excessive amounts of rain. It causes the destruction of crops which can often lead to widespread famine.

Answers

Answer:

C. Drought is caused by a lack of rain......

How did the practice of indentured servitude positively impact our country?


Give 3 positive examples.

Answers

Answer:

Indentured servants first arrived in America in the decade following the settlement of Jamestown by the Virginia Company in 1607.

The idea of indentured servitude was born of a need for cheap labor. The earliest settlers soon realized that they had lots of land to care for, but no one to care for it. With passage to the Colonies expensive for all but the wealthy, the Virginia Company developed the system of indentured servitude to attract workers. Indentured servants became vital to the colonial economy.

The timing of the Virginia colony was ideal. The Thirty Year's War had left Europe's economy depressed, and many skilled and unskilled laborers were without work. A new life in the New World offered a glimmer of hope; this explains how one-half to two-thirds of the immigrants who came to the American colonies arrived as indentured servants.

Servants typically worked four to seven years in exchange for passage, room, board, lodging and freedom dues. While the life of an indentured servant was harsh and restrictive, it wasn't slavery. There were laws that protected some of their rights. But their life was not an easy one, and the punishments meted out to people who wronged were harsher than those for non-servants. An indentured servant's contract could be extended as punishment for breaking a law, such as running away, or in the case of female servants, becoming pregnant.

For those that survived the work and received their freedom package, many historians argue that they were better off than those new immigrants who came freely to the country. Their contract may have included at least 25 acres of land, a year's worth of corn, arms, a cow and new clothes. Some servants did rise to become part of the colonial elite, but for the majority of indentured servants that survived the treacherous journey by sea and the harsh conditions of life in the New World, satisfaction was a modest life as a freeman in a burgeoning colonial economy.

In 1619 the first black Africans came to Virginia. With no slave laws in place, they were initially treated as indentured servants, and given the same opportunities for freedom dues as whites. However, slave laws were soon passed – in Massachusetts in 1641 and Virginia in 1661 –and any small freedoms that might have existed for blacks were taken away.

As demands for labor grew, so did the cost of indentured servants. Many landowners also felt threatened by newly freed servants demand for land. The colonial elite realized the problems of indentured servitude. Landowners turned to African slaves as a more profitable and ever-renewable source of labor and the shift from indentured servants to racial slavery had begun.

Explanation: I hope this helps

This system seemed to benefit the servant as well. Each INDENTURED SERVANT would have their fare across the Atlantic paid in full by their master. A contract was written that stipulated the length of service — typically five years. The servant would be supplied room and board while working in the master's fields. Upon completion of the contract, the servant would receive "freedom dues," a pre-arranged termination bonus. This might include land, money, a gun, clothes or food. On the surface it seemed like a terrific way for the luckless English poor to make their way to prosperity in a new land. Beneath the surface, this was not often the case.

what are the 3 weaknesses of the article of confedaration and why

Answers

Answer:

Congress did not have the power to regulate foreign and interstate commerce. There was no executive branch to enforce any acts passed by Congress. There was no national court system or judicial branch. Amendments to the Articles of Confederation required a unanimous vote.

Explanation:

Answer:

1st. Only 1 vote for each state.

2nd. Congress powerless to levy taxes or duties.

3rd. Congress powerless to regulate commerce.

4th. No executive power.

5th. No national court system.

6th. Amendments required the consent of all states.

7th. 9/3rd majority require.

Explanation:

Why was Gen. Burgoyne’s campaign important for the British?

A British victory in New York would help win the support of the French army.

They wanted to cut off New England from the rest of the colonies.

The British wanted to cut off New York from Canada.

Answers

Answer:

they wanted to cut off new england from the rest of the colonies :)

Explanation:

They wanted to cut off new elband from the rest

What was Francis Bacon known for?


insisting that mathematics could be used to explain everything in nature


asserting that scientists should rely on experimentation and observation


proving that the earth revolves around the sun


first describing human anatomy thoroughly and accurately

Answers

Answer:

asserting that scientists should rely on experimentation and observation

Explanation:

Answer:

asserting that scientists should rely on experimentation and observation

Explanation:

ow did Genghis Khan bring law and order to the vast Mongol Empire?

Answers

Answer: possible answer- Genghis Khan establishes law and order in the mongol empire. As horses were extremely important to the society, he made stealing animals a capital offense. He Outlawed kidnapping women and selling women into marriage. Genghis created the post of judge to enforce and oversee laws.

Explanation:

possible answer/ sample answer. edge 2020

Genghis khan bring the law and order, To the vast Mongol empire, As horses were an extremely, and important part of society then he made a law for stealing animals that can be a capital offense.

What is an empire?

The term empire refers that the several territories that come under one political unit be there as we see there are many villages as we see city and states are being there that comes to countries in the same way the empire is there for the different religions and many empires are there in it.

As there are many new laws, Have been introduced in the Mongolian empire by the Gengis khan, he introduced strong discipline and the law, Which promoted education as well the knowledge, They also encouraged economic prosperity for his citizens.

Therefore, By making and implementing the law, In the Mongol empire, The better work is there in the empire.

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In the 1830's, tensions increased between
Mexicans and Americans living in Texas
because the Americans would not adopt
what?
A. farming land use
B. family size
C. Mexican cultural habits

Answers

Answer:

C: Mexican Cultural habits.

Explanation:

The answer is A. Farming land use

PLEASE HELP!! REPOSTING THE QUESTION!! 16 POINTS!! WILL GIVE BRAINLY!!
The Colonies are considered part of England, but divided in their own ideals and economies. How would you try to convince the 13 Colonies to unite against a common enemy?

Answers

Answer:

i would think war

Explanation:

Who asked which president to switch to the metric system and he said no?

Answers

Answer:

The metrification board was abolished in 1982 by President Ronald Reagan, largely on the suggestion of Frank Mankiewicz and Lyn Nofziger.

Explanation:

Gerald Ford was the president that said no to switching to the metric system.

What is the central idea of A Quick Note On Getting Better At Difficult Things

Answers

Answer:

the importance of productive struggle in order to learn French.

Explanation:

What physical feature did the earliest villages rely upon the most?

Villages relied on the mountains for protection.
The villagers needed dry, desert lands for isolation.
The villagers needed to be far inland to farm properly.
Villages relied upon fertile soil for a regular food supply.

Answers

Answer:

Villages relied upon fertile soil for a regular food supply

Villages relied upon fertile soil for a regular food supply

Which group opposed the spread of slavery during the 1860 presidential election?
the Southern Democratic Party
the Republican Party
the Constitutional Union Party
the Democratic Party

Answers

the democratic party
the correct answer is the democratic party

After the Civil War, newly-freed African Americans had to
find a way to make money.
apply for US citizenship.
perform military service.
relocate to the North.

Answers

Answer:

a

Explanation:

your answer is a. Find a way to make money

Jeremy was interested in science and math in school. In college, Jeremy studied to become an ecologist who studies the effect of fertilizer runoff on lake wildlife. Name two ways that Jeremy might use math and science in his career.

HURRY I'LL GIVE U EXTRAA PTS JUST ESTADA!!! AND HURRRY ASAPPP THIS IS CAREER EXPLORATION GUYS AND I NEED HELP ASAPPP NOWOOOW

Answers

Answer:

The ways Jeremy can use math and science in his career are:

- Perform scientific research.

- In the evaluations and analyzes, he makes of his data collection.

The way Jeremy used math and science in his college studies and careerss

Which phrase best completes this list? (AP3X)

Answers

Answer:

Rights for women

Explanation:

Answer:

b

Explanation:

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