Describe two disadvantages of early forms of money, and explain how they could have been fixed.

Answers

Answer 1

Answer:

The early system of money was the barter exchange system where the commodities were exchanged for other's commodities. The major disadvantages were:

Lack of Double Coincidence of Wants:

It is fundamental for an individual who wishes to exchange his good/service to locate some other individual who isn't just eager to purchase his good/service, yet in addition has that good which the former needs.  This could be fixed if seller finds a buyer who has the same good that is needed so both exchange goods that the other needs.

    2. Lack of a Common Measure of Value:

Regardless of whether the two people who need each other's merchandise meet unintentionally, the issue emerges with regards to the extent in which the two products ought to be traded. There being no basic proportion of significant worth, the rate of trade will be discretionary fixed by the power of interest for one another's merchandise. This could be fixed if both parties decide the goods they wish to trade.

Answer 2

Answer:

The early system of money was the barter exchange system where the commodities were exchanged for other's commodities. The major disadvantages were:

1. Transportation

Some of the early forms of money were hard to transport. Limestone is heavy and thus would be hard to transport. Cattle are hard to transport mainly because they are animals. They have a mind of their own and it would be hard to get them to move.  

2. Perishability

A lot of early money was perishable. Cattle could die if not tended to constantly. Shells could break and limestone might as well. Salt got ruined when wet. Grain and cocoa beans eventually wore out or spoiled.

Explanation:

I just felt like doing this. This is a good answer if you use odsseyware.


Related Questions

Mariana’s apartment is broken into and her laptop is stolen

Which type of insurance is needed?

Answers

Answer:

Renters insurance.

Explanation:

Renters insurance covers your belongings in a rented or leased property from damage, theft, etc (this will vary from plan to plan).

The state of the economy has a significant effect on demand for which type of commodities?

Answers

Answer:

Non-essential commodities

Explanation:

When the economy is in bad shape, people will usually restrict their expenses to only the essential items they really need: food, clothes, housing, transportation.  Even within those categories, they'll make more economical choices (for example ground beef instead of a t-bone steak).

When the economic situation is better, they will improve their selection and choices in the 4 categories mentioned, and will also spend on luxury and non-essential commodities, like entertainment (movies), a second car, jewels, and so on.

Designing a candy bar country and to whom will it be sold

Answers

Answer:

When creating a company you should consider your target audience

Explanation:

Your target audience would most likely be little children. Therefore you would make it attractive to them

Mr. Skinner has quit his job in order to look for another one. Mr. Skinner

Answers

must have an idea of what he wants to do and have a list of his past jobs ,  skills listed , and have his education ( high school and college if he finished or if he went to college )

Answer:

He wants to do and have a list of his past jobs ,  skills listed , and have his education high school and college if he finished or if he went to college

Explanation:

Match the activities to the type of income they generate.

dividends /rent /interest /intellectual property /sales /capital gains /multilevel marketing sales

Portfolio Income | Passive income

Answers

Answer:

plato answer

Explanation:

Answer:

portfolio income: Dividends, Interest, capital gains

passive income: Intellectual property sales, multilevel marketing sales, rent

Explanation:

passive incomes are incomes that require less work from an individual to earn and maintain. in some passive income model it requires that the individual put in little efforts to maintain it. and this type of passive income is termed a progressive passive income. examples of such income are : Rent earned on property, income made from intellectual property sales and so on

Portfolio income are incomes that earned from various type of investment made by a person such kind of income comes in the form of dividends, interest and capital gains and all this are made from invests made by an individual.

With online banking , you can:

Answers

Answer:

You can do most things at a bank now on your phone. This includes transfering funds, changing bank information, making payments, closing your accounts, opening up a new account. Etc. However some things like depositing cash still need to be done at the branch/bank.

Online banking facilitates efficient financial management by allowing electronic transactions, fund transfers, and access to financial services, helping users manage their money and avoid overdraft fees.

With online banking, individuals and small businesses can manage their finances more efficiently and effectively. This system allows users to carry out a wide range of financial activities electronically, such as balancing checkbooks, tracking cash flow, and avoiding overdraft fees. Online banking provides a convenient platform for managing savings and checking accounts, facilitating easy money transfers through debit cards, and eliminating the need for physical currency exchanges by allowing digital transactions. Moreover, it offers access to financial and investment services that might not be available through traditional banking methods. The flexibility to access funds either through ATMs or online transfers has made the lines between checking and savings accounts increasingly blurred, with many banks now offering hybrid accounts with features of both.

What describes the
overall aims of a buiness organization?

Answers

Answer:

The answer is Mission statement.

Explanation:

A mission statement of an organization describes the overall aims of a business organization. Every company has its two statements, one is the mission statement and other is the vision statement. Vision statement describes the vision of the company, where as mission statement describes the overall goals of the organization. It gives information about the type of product it provides, its target market, its potential customers, the region where it is operated, etc. So the mission statement is the one which describes the overall aims of a business organization.

Answer:

the mission of the business

Explanation:

Official goals detail a company's aims as described in its mission statement or in public statements, such as the corporate charter and annual reports. They help to build the organization's public image and reputation.

Which of the following is a good technique to use when driving in an urban environment? A. Passing B. Drowsy driving C. Cover braking D. Drifting

Answers

Answer:

The correct answer would be option C, Cover Braking.

Explanation:

Urban areas are the city areas where there is a lot of traffic in the normal timings and sometimes, the traffic is at the peak when there are office hours, school hours, lunch times, closing times, etc. So it is really hard to drive during the peak rush hours. The best technique to drive in the traffic hours is the Cover Braking. Cover braking is the technique which is used in the urban areas to avoid crashing or accidents. In this technique the right foot is hold in the air rather than putting on the acceleration, closed to the brake paddle, in order to push the brake paddle immediately if needed. By this technique, the people can drive safely in the high traffic areas.

The technique that is considered safe and appropriate when driving in an urban environment is cover braking. The correct option is C.

Cover braking refers to keeping your foot close to the brake pedal while driving. It allows you to reduce your reaction time and potentially avoid collisions by quickly applying the brakes when needed. This technique is particularly useful in urban environments where there may be frequent stops, unpredictable traffic situations, and pedestrians.

It is crucial to practice safe driving habits and adhere to traffic laws and regulations.

Thus, the ideal selection is option C.

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Which of the following goals does the government pursue in a socialist economic system

Answers

Answer:

Socialist ideals include production for use, rather than for profit; an equitable distribution of wealth and material resources among all people; no more competitive buying and selling in the market; and free access to goods and services.

Explanation:

Final answer:

The government in a socialist economic system prioritizes equity by redistributing wealth and providing comprehensive social services to ensure fairness and social equality among its citizens.

Explanation:

In a socialist economic system, the government pursues the goal of equity. This system focuses on promoting fairness and social equality by redistributing wealth among citizens. Governments in socialist economies may tax wealthier individuals at a higher rate to fund social welfare programs for those less affluent, thus ensuring that wealth distribution is based on one's contribution to society rather than capital ownership. Option A

Additionally, socialists believe the state should provide expanded services, including health care, subsidized housing, education, and higher minimum wages, as a way to ensure equal opportunities and outcomes for all citizens.

While growth, efficiency, and security are also important economic goals, they are pursued differently in socialist systems as compared to market economies. In some instances, programs aimed at increasing economic equity, such as providing free public education, can also complement and promote economic growth by cultivating a well-educated workforce that supports future expansion.

the retail price of an alarm clock is $39.99, and its cost to the retailer is $20.(A) what is the markup percentage based on its cost?(B) based on its retail price?

Answers

$20 to basically $40 would be a 100% percentage increase since the cost doubles, if it were to jump up to $30 than it would be a 50% percent increase, but since its double its 100%.

Final answer:

The markup percentage based on the cost of the alarm clock is approximately 99.95%, while the markup percentage based on its retail price is approximately 49.99%.

Explanation:

To calculate the markup percentage based on cost, you need to follow these steps:

Find the difference between the retail price ($39.99) and the cost to the retailer ($20.00): $39.99 - $20.00 = $19.99.Divide the markup ($19.99) by the cost ($20.00): $19.99 / $20.00 = 0.9995.Convert the result to a percentage by multiplying by 100: 0.9995 * 100 = 99.95%.

The markup based on cost is therefore approximately 99.95%.

To calculate the markup percentage based on the retail price, you would:

Divide the markup ($19.99) by the retail price ($39.99): $19.99 / $39.99 = 0.4999.Convert the result to a percentage: 0.4999 * 100 = 49.99%.

The markup based on retail price is therefore approximately 49.99%.

The following statement is from the contract Peter signed with his Homeowners' Association (HOA).

"Overnight parking on community streets is prohibited. For the purpose of this contract, 'overnight' will be defined as the hours between 11:00 p.m. and 4:00 a.m. The HOA will monitor overnight parking not less than once every calendar week with nightly patrols by community security.

"In the event a car is found parked on community streets overnight and that ownership of the offending car can accurately be verified as a community homeowner, the homeowner will receive one (1) written warning asking him or her to correct the situation. A second and third infraction by the same homeowner, whether or not it is with the same car, will result in a monetary fine as permitted by CC&R guidelines and HOA bylaws. Further infractions (past 3) will result in monetary fines in addition to the towing of the car at the homeowner's expense."

After parking his car at 12:30 a.m. last night, Peter was approached by the on-duty neighborhood security guard. The guard told Peter that it was against established HOA rules to park overnight on community streets and reminded Peter that he had signed the contract agreeing to adhere to those rules. He then asked Peter to move the car onto his driveway and warned him that a second offense would result in a monetary fine.

Which of the following facts invalidates the contract between Peter and the HOA?


a.
12:30 a.m. is not considered "overnight."
b.
The guard did not give Peter a written warning.
c.
Peter did not read that part of the contract before he signed it.
d.
Peter parked in the street even though his driveway was empty.


Answers

Answer:

The answer should be B

Answer:

B

Explanation:

same dangers of business district include ?

1 rows of parked cars

2 delivery trucks

3 blind alleyways

4 posted maximum speed limit ​

Answers

Final answer:

The dangers of a business district include obstruction of view from rows of parked cars, potential traffic accidents due to delivery trucks, and hidden dangers in blind alleyways. Adherence to the posted speed limit is critical to mitigate these risks.

Explanation:

The dangers in a business district can derive from a variety of factors, each of which contributes to an overall increase in potential hazards. For instance, rows of parked cars may obstruct the view of pedestrian traffic or potential road hazards. Delivery trucks frequently stop and start, potentially leading to traffic congestion or accidents if other drivers are not attentive. Finally, blind alleyways can also pose a threat as they may hide potential dangers such as unsupervised activities or surprise vehicle movements. It's essential to observe the posted maximum speed limit to minimize these risks.

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Which combination would create medium growth and medium risk?

Answers

The only thing I can come up with is Stocks and bonds

Answer:stock based and bond based mutual funds

Explanation:

when making a major purchase first determine your

Answers

is your needs wants

Scott wants to swim across a river that is 400 meters wide. He begins swimming perpendicular to the shore
he started from but ends up 100 meters down river from where he started because of the current. How far
did he actually swim from his starting point?
Pythagorean Theorem and probably radical​

Answers

Answer:

412.3 Meters

Explanation:

a= river width (400)

b= length traveled downstream (100)

c= total length (?)

[tex]a^{2} + b^{2} = c^{2}[/tex]

[tex]400^{2} +100^{2}= c^{2}[/tex]

160,000 + 10,000 = [tex]c^{2}[/tex]

[tex]c^{2}[/tex]= 170,000

[tex]\sqrt{170,000}[/tex] =412.3

Answer:

100^2+400^2=c^2

10000+160000=c^2

170000=c^2

c=412.3

Explanation: You square root 170000 so c=412.3

4. Use the recipe shown in the table to answer the questions below. Use pictures, tables or number
sentences to solve the task.
Grandma's Recipe for Sugar Cookies
1 cups butter
2 cups sugar
4 eggs
% teaspoon baking powder
1
cups flour
4 teaspoon salt
a) How many cups of sugar are needed for each egg? How do you know?

Answers

Final answer:

Using the provided recipe, you need half a cup of sugar for each egg, which is found by dividing the total cups of sugar by the number of eggs.

Explanation:

To determine how many cups of sugar are needed for each egg according to Grandma's Recipe for Sugar Cookies, we look at the recipe's ratio of sugar to eggs. The recipe calls for 2 cups of sugar and 4 eggs. We use a simple division for this calculation: 2 cups of sugar \/ 4 eggs = 0.5 cups of sugar per egg. Therefore, you need half a cup of sugar for each egg.

What refers to the study of your strengths and weaknesses and the identification of your area of interest

Answers

Answer:

Personality inventory/assessment test

Explanation:

personality assessment test is a measurement/study of the personal traits found in an individual and these traits can be categorized in the what is know as the big five traits which is known as openness, agreeableness, extroversion, neuroticism and conscientiousness.  these traits talks about  the strengths and weaknesses and also area of life that interests an individual.

Final answer:

The study in question involves self-assessment to identify personal strengths, weaknesses, and interests, which is crucial for career development and goal setting. This process aids in creating a clear vision of one's future and aligning educational and professional pathways to individual characteristics and goals.

Explanation:

Understanding and Assessing Personal Strengths and Weaknesses

When we refer to the study of our strengths and weaknesses, along with the identification of areas of interest, we are often talking about a process of personal assessment within the scope of career development or self-improvement. This involves activities designed to help us identify and explore our values, interests, personality traits, skills, and career goals. Such self-awareness is essential to decide which career path aligns with these characteristics and to develop a clear vision of our future. To know your strengths and weaknesses is to have a roadmap for personal development and career planning.

Building identity resources through self-awareness can lead to making informed choices and setting relevant career goals. The University of Florida encourages learning that promotes purposeful work and meaningful lives. As part of realizing one's career objectives, discussing top character strengths with family, friends, and advisors can provide valuable insights and support in choosing a career path suited to one's talents and interests.

During the purchase phase for a new car, Larry creates a _____ that includes Chrysler 300 and Toyota Avalon, but does not include Hyundai Azera.

Answers

Answer:

Consideration Chart

Hope this helps...

Having a funny voicemail message is a good idea, because it shows the employer your sense of humor. Please select the best answer from the choices provided T F

Answers

Answer:

F

Explanation:

Most of the times, for a company to have a funny voice mail message is NOT a good idea.

People who contact a company want to get serious service and attention, they want to talk business, buy a product/service or have their billing/technical issues addressed and so on.

However, there are a few cases when it could be appropriate... like if you're a clown company, a circus company, a TV comedy production company or a jingle company.... because humour is your trademark, that's what you do.

Answer: The correct answer is FALSE

Explanation: Leaving a “funny” message can show you as childish and unprofessional

______ are stocks and bonds representing secured or asset-based claims by investors against issuers.

A. Commodities
B. Securities
C. Private placements
D. IPOs

Money frees society from a system of barter. In so doing, money is performing which of the following functions?

A. Medium of exchange
B. Unit of account
C. Store of value
D. Determination factor

Answers

Answer:

1) C

2) A

Explanation:

Answer:

Private placements are stocks and bonds representing secured or asset-based claims by investors against issuers.

Money frees society from a system of barter. In so doing, money is performing which of the following functions? Medium of exchange

(25 Points)

Explains how a budget can help avoid your sibling's problem.

Answers

Answer:

well if you mean money

i just say i have problems with my money

and they just leave me alone

well i do have a lot of money

Answer:

If you budget your sibling, assuming they have a problem with spending, it will help them cut back on excessive spending.

A System Of Values That Gives Central Importance To Work Is A
a) Glasnost
b) Perestroika
c) Light Industry
d)work ethic

Answers

Answer:

Work ethic

Explanation:

Final answer:

A system which values work highly is known as a 'work ethic'. It promotes the idea that dedicated, hard work carries a moral value and is crucial to individual wellbeing.

Explanation:

A system of values that gives central importance to work is a work ethic. Work ethic is a belief that hard work and diligence have a moral benefit and are essential to a person's wellbeing. It is inherent in many cultures and individuals choose to work diligently to advance socially or meet personal goals. This is different from options a) Glasnost, b) Perestroika which refer to policy concepts from the late Soviet Union. C) Light industry is a sector of economy involving the production of consumer goods.

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Penalty apr is interest that applies to the balance if___.
Select The best answer from The choices provided.
A. payments are on time
B. Payment are late
C. Purchase are not made in the introduction period.
D. Purchase are made after the introduction period.

Answers

It’s c because purchase are not made in the introduction period

Hi D. Is your answer penalty APR happens when you buy something after the lower percentage introductory rate.

why would a mutual fund, a collection of stocks, bonds and other Securities have less risk than investing in stock alone​

Answers

Answer:

Because of the nature of risk associated with investing in the Stocks.

Explanation:

Investing in more than one funds, like mutual funds, a collection of stocks and bonds, etc, is a technique to divide the risk over different investments. Investing only in one investment whose nature is pretty volatile like stocks, is very risky. If a person invests in one volatile investment like Stocks, he is more likely to bear high risks. So investing in more than one thing will divide the risk associated with investing in one stock alone. So it is always preferable to divide your risk by investing in more than one investments.

Answer:

The Answer Is A. Stocks are higher risk than most other securities in a mutual fund, but when averaged with the risk of the other securities, mutual fund risk is not as high as stock  risk.

Explanation:

I took the test.


I really need help with this weustion :_:

You can either go to a movie or go bowling. If you choose the movie,
A: you will spend far more on the movie then you would on bowling
B: you will have made the choice that has the most benefit
C: your opportunity cost is the amount of money you pay for the movie
D: your opportunity cost is the time and experience of bowling

Answers

Answer:

B

Explanation:

It has the most benefit and will most likely require less/no money.

The answer is C.  Your opportunity cost is the amount of money you pay for the movie

Explanation:

Supporters of rent control say that it _____ the price of renting an apartment. raises lowers does not change

Answers

Answer:

The answer is lowers.

Explanation:

Supporters of rent control say that it LOWERS the price of renting an apartment.

Rent control is an administration program that puts a limit on the sum that a landowner can charge for renting a home or for renewing lease  

Rent control laws are typically established by regions and the subtleties differ broadly. All are planned to continue living costs reasonable for lower-salary occupants.

Rent control laws mostly limit the amount a landlord can increase rents on existing tenants.  Therefore Rent control is controversial. In fact, 37 states have laws that forbid local governments from enacting such measures.

A store manager needs to run a report of last month’s sales. The manager would like the report to highlight products that sold over a quantity of twenty-five for the last month. Which formatting options would accomplish this?
(A) inserting an image
(B) choosing a plain font for the title
(C)applying conditional formatting
(D) using a theme
ANSWER ONLY

Answers

I think is A: inserting an image

Answer:

The other guy is wrong its actually c

Explanation:

c. applying conditional formatting

reason: edge2021

[WILL GIVE BRAINLIEST ANSWER]
“Warren Buffet is one of the worlds best at identifying stocks that will increase in value, yet he warns most investors not to “try this at home” why not?”

Answers

Final answer:

Warren Buffett advises against stock picking as it's tricky and unlikely to consistently outperform the market, given the random walk behavior. He recommends a long-term investment strategy that emphasizes savings and education over short-term speculation.

Explanation:

Warren Buffett warns most investors against attempting to pick stocks because it is an exceptionally challenging task that even financial professionals find difficult to do successfully over long periods. The market behavior is often referred to as a random walk, which implies that predicting which stocks will outperform the market consistently is nearly impossible. This is illustrated by the fact that a majority of mutual funds fail to beat the market average. Additionally, for the average person who isn't dedicating their full time to financial analysis, the prospect of outperforming professional investors is bleak. Instead, building wealth gradually through education, savings, and time is a more reliable path.

Many investors are trying to identify companies that will earn high profits, which results in the stock price being adjusted to high expectations, minimizing the margin for substantial gains. The principle of the random walk suggests that since information is rapidly disseminated and incorporated into stock prices, the subsequent movements of these prices are unpredictable and independent of past movements. Buffett's advice aligns with this theory, endorsing a more cautious approach of investing for the long term rather than attempting short-term gains through stock picking.

Lilly Ledbetter was a manager at a Goodyear plant. She sued after learning that she, the only female manager was paid less than all the male managers, even a man she trained. The case went all the way to the Supreme Court where the majority decision was in Goodyear’s favor – not because they had not discriminated, but because the court ruled that the existing law required she would have to have filed her case within 180 days of being hired (even if she did not know her pay was less until much later when someone leaked this information to her). Supreme Court Justice Ruth Bader Ginsburg, who is renowned for her legacy on striking down laws that discriminate against women, wrote a scathing dissent in which she called for Congress to change the law because, she argued, the Court overlooked the way pay disparities often occur, in a way to hide the discrimination. Because of Justice Ginsburg’s ability to clearly argue her point of view, Congress changed the law and the Lilly Ledbetter Fair Pay Act of 2009 was created to help ensure equal pay regardless of gender. Please construct a one-paragraph reasoned and persuasive argument stating if you believe that there should be a law ensuring pay is equitable regardless of gender and what reasoning you would use to convince another person of your view.

Answers

Unlawful employment practice based on the discrimination on the basis of colour, race, sex, religion, origin, etc is against the law. Lily Led-better sued the company after knowing that she’s been paid less than the male managers for the same work done and at the same time employed.

She is entitled to the equal amount of salary that the employees at her level or status are getting. Within the organization, if there is discrimination based on sex, race etc upon payment of wages or salary it will be against the rule of law.

Consensus ad idem means which of the following?
A)meeting of minds B)Agreement of the people
C)Agreement to pay D)none of the above

Answers

The correct answer is A. Meeting of minds.

Explanation

Consensus ad idem is a Latin term that literary means "meeting of the minds",  this phrase refers to the agreement or consensus between parties. This term is generally applied to contracts, where both parties must accept and propose certain conditions for the contract to develop well. This consensus must be between both parties because in case this does not occur, one of the parties may be forced by a court to act to repair the breach. So, the correct answer is A. Meeting of minds.

Final answer:

Consensus ad idem is a Latin term used in law, translating to 'meeting of minds'. It indicates a mutual agreement where all parties share the same understanding about all terms.

Explanation:

The term consensus ad idem is a Latin term used in law, and its translation means 'meeting of minds'. It refers to a mutual agreement between two or more parties in which all parties share the same understanding and are in agreement on all terms.

It is a fundamental concept in contract law because for a contract to be valid, there must be a common understanding or consensus ad idem between all parties involved.

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