What was the problem with using wheat as commodity currency?

Answers

Answer 1

Answer:

Explanation:

It's not like this was never done before. It was.

Compare it to gold however.

1. The Fed can't manufacture gold.

2. Wheat would have a crop each year that varies. So there would be no stability.

3. Gold does not oxidize nor does it react (hardly) with anything else. If you have an ounce of gold today, it will be an ounce tomorrow. In time, wheat will spoil.

4. It is not easily mined, see point 1. Wheat is easily grown to produce more.

5. It does not burn as wheat might.

6. Wheat cannot be made into smaller amounts like coins the way gold can.

7. It does not disappear into binary numbers the way bitcoin would.  (Of course wheat wouldn't either).


Related Questions

how buddhism spread along the Silk Road

Answers

Answer:

Buddhism spread across Asia through networks of overland and maritime routes between India, Southeast Asia, Central Asia, and China. ... The earliest waves of Parthian, Sogdian and Indian translators of early Chinese Buddhist texts came to Loyang via the silk routes.

The cultural diffuse through people trading.

. Compare the words caught and cough. How are they alike? How are they different?

Answers

caught and cough are the same because the sound alike and both have the same syllable at the end they are different because they have different meanings

Answer:

they're alike bc they have the same vowel pronunciation

they're different bc of their tenses

Explanation:

they're both similar because when you pronounce cough and caught, theyre vowels sound the same.

they're different because cough is in present tense while caught is in past tense.

When was a twelve-year-old Southern slave child supposed to work?
A) two hours each day
B) every night after school
C an entire day
D) only on Saturday

Answers

Answer:

Typically they worked an entire day if they were the children of slaves.

In Buddhism, what does a person need to follow to try to gain enlightenment?





Yin and yang


Filial piety


The Eightfold Path


Naturalism

Answers

Answer:

Filial piety has been an important aspect of Buddhist ethics since early Buddhism, and was essential in the apologetics and texts of Chinese Buddhism. In the Early Buddhist Texts such as the Nikāyas and Āgamas, filial piety is prescribed and practiced in three ways: to repay the gratitude toward one's parents; as a good karma or merit; and as a way to contribute to and sustain the social order. In Buddhist scriptures, narratives are given of the Buddha and his disciples practicing filial piety toward their parents, based on the qualities of gratitude and reciprocity. Initially, scholars of Buddhism like Kenneth Ch'en saw Buddhist teachings on filial piety as a distinct feature of Chinese Buddhism. Later scholarship, led by people such as John Strong and Gregory Schopen, has come to believe that filial piety was part of Buddhist doctrine since early times. Strong and Schopen have provided epigraphical and textual evidence to show that early Buddhist laypeople, monks and nuns often displayed strong devotion to their parents, concluding that filial piety was already an important part of the devotional life of early Buddhists.

When Buddhism was introduced in China, it had no organized celibacy. Confucianism emphasized filial piety to parents and loyalty to the emperor, and Buddhist monastic life was seen to go against its tenets. In the 3rd–5th century, as criticism of Buddhism increased, Buddhist monastics and lay authors responded by writing about and translating Buddhist doctrines and narratives that supported filiality, comparing them to Confucianism and thereby defending Buddhism and its value in society. The Mouzi Lihuolun referred to Confucian and Daoist classics, as well as historical precedents to respond to critics of Buddhism. The Mouzi stated that while on the surface the Buddhist monk seems to reject and abandon his parents, he is actually aiding his parents as well as himself on the path towards enlightenment. Sun Chuo (c.300–380) further argued that monks were working to ensure the salvation of all people and making their family proud by doing so, and Liu Xie stated that Buddhists practiced filial piety by sharing merit with their departed relatives. Buddhist monks were also criticized for not expressing their respect to the Chinese emperor by prostrating and other devotion, which in Confucianism was associated with the virtue of filial piety. Huiyuan (334–416) responded that although monks did not express such piety, they did pay homage in heart and mind; moreover, their teaching of morality and virtue to the public helped support imperial rule.

From the 6th century onward, Chinese Buddhists began to realize that they had to stress Buddhism's own particular ideas about filial piety in order to for Buddhism to survive. Śyāma, Sujāti and other Buddhist stories of self-sacrifice spread a belief that a filial child should even be willing to sacrifice its own body. The Ullambana Sūtra introduced the idea of transfer of merit through the story of Mulian Saves His Mother and led to the establishment of the Ghost Festival. By this Buddhists attempted to show that filial piety also meant taking care of one's parents in the next life, not just this life. Furthermore, authors in China—and to some extent Japan—wrote that in Buddhism, all living beings have once been one's parents, and that practicing compassion to all living beings as though they were one's parents is the more superior form of filial piety. Another aspect emphasized was the great suffering a mother goes through when giving birth and raising a child. Chinese Buddhists described how difficult it is to repay the goodness of one's mother, and how many sins mothers often committed in raising her children. The mother became the primary source of well-being and indebtedness for the son, which was in contrast with pre-Buddhist perspectives emphasizing the father. Nevertheless, although some critics of Buddhism did not have much impact during this time, this changed in the period leading up to the Neo-Confucianist revival, when Emperor Wu Zong (841–845) started the Great Anti-Buddhist Persecution, citing lack of filial piety as one of his reasons for attacking Buddhist institutions.

Filial piety is still an important value in a number of Asian cultures. In China, Buddhism continued to uphold a role in state rituals and mourning rites for ancestors, up until late imperial times (13th–20th century). Also, sūtras and narratives about filial piety are still widely used. The Ghost Festival is still popular in many Asian countries, especially those countries which are influenced by both Buddhism and Confucianism. Furthermore, in Theravādin countries in South and Southeast Asia, generosity, devotion and transfer of merit to parents are still widely practiced among the population.

Answer:The Eightfold Path

Explanation:

Penn Foster

What fossil fuels are found in the Tropical North?

Answers

Answer:

• Oil

• Coal

• Natural Gas

Explanation:

Got it from a quizlet

Answer:

It is a dinosor fossil.

Explanation: I got it right on edginuity.

Who famously referred to the 1900s as
the "American Century"?

Answers

The term was coined by Time publisher Henry Luce to describe what he thought the role of the United States would be and should be during the 20th century.

According to this excerpt, the medicine bag is a symbol of

Answers

Answer: According to this excerpt, the medicine bag is a symbol of "safety". The Medication Bag written by Virginia Driving Hawk Sneve is a beautiful story of a kid in his youngsters named Martin who lives in Iowa during the 1970s.

Explanation:

How were the lines of demarcation and the treaty of tordesillas related

Answers

Answer:

Map showing the line of demarcation between Spanish and Portuguese territory, as first defined by Pope Alexander VI (1493) and later revised by the Treaty of Tordesillas (1494). ... Spain won control of lands discovered west of the line, while Portugal gained rights to new lands to the east.

Explanation:

Hope it helps! Correct me if I am wrong about my answer :>

Im sure about my answer :>

If you dont mind can you please mark me as brainlest?

4. Describe the location of China relative to two land-based geographic features.

Answers

Located in Southeast Asia along the coastline of the Pacific Ocean, China is the world's third largest country, after Russia and Canada. With an area of 9.6 million square kilometers and a coastline of 18,000 kilometers, its shape on the map is like a rooster.

The location of China relative to two land-based geographic is that China is located in Southeast Asia along the coastline of the Pacific Ocean.

What is China?

China, formally the People's Republic of China (PRC)[k], is a nation in East Asia. Its pinyin equivalent is Zhngguo in Chinese. With a population of over 1.4 billion, it is the most populous nation in the world, just ahead of India.

With fourteen geographical borders, China has the most of any country in the world, tied with Russia, and spans what amounts to five time zones.

Further it is the third largest nation on the planet by total land area, spanning an area of over 9.6 million square kilometers (3,700,000 sq mi). 22 provinces and five autonomous regions, four municipalities, and two Special Administrative Regions make up the nation (Hong Kong and Macau).

Furthermore Beijing serves as the country's capital, while Shanghai is the most populated city and its financial hub.

Therefore China is located in Southeast Asia along the coastline of the Pacific Ocean.

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The South’s resentment of the tariffs of the American System was an example of
compromise.
states’ rights.
sectionalism.
federalism.

Answers

An example of: 3. Sectionalism

How did the Gulf of Tonkin incident contribute to the escalation of tensions in Vietnam?
It caused the United States to fear for the safety of its troops.
o It was one of the deadliest incidents of the Vietnam conflict.
o It made the North Vietnamese upset about being falsely accused.
It prevented U.S. ships from returning to South Vietnam.

Answers

Answer:

The third explanation.

Explanation:

Subsequently proved to be based on false claims, the Gulf of Tonkin incident led to a rapid and significant escalation of US involvement in Vietnam. Thus it is understandable that the North Vietnamese were upset about being falsely accused.

how western education broughy civilisation to Africans​

Answers

Answer:

Missionaries were among the first to make serious efforts to introduce a western style education in the early nineteenth century. Western education had an impact on the African societies during colonial rule, in the process of decolonization and also in the time after independence.The Britishers provided western education in India which introduced the Indians to ideas of democracy and nationalism. These ideas changed the political thinking of Indians and brought about a national awakening. The western education opened to the newly educated Indians the floodgates of liberal European thought.The outstanding positive effects of western education in Nigeria include: Independence. Quality education helped Nigerians obtain independence from their colonial masters.Formal, Western-type of education was introduced by British missionaries in the 1840s. The Anglican Church Missionary Society (CMS) started several schools in the mid-1800s.

Explanation:

Here are some of itse less attractive features: Western education teaches skills rather than knowledge, know-how rather than wisdom, the “immediate” rather than the lasting. It does not emphasize tolerance, humanity, dispassionate debate over conflicting views.Overall, Egypt and South Africa are the two best represented African countries in the ranking, with 21 and 10 universities each. Egypt, Nigeria, Uganda and South Africa all have universities in the top 500 of the global ranking.Following are the positive effects of Western education: The imparting of liberal modern education gave rise to an awareness against foreign rule of the British. The ideas of liberty, fraternity and democracy began to gain currency among Indians.Answer: The British completely changed education in India. The traditional educational system in which students learnt various subjects in temples, mosques and gurukuls was replaced by a system of schools and universities based on the system in the West.

What is your favorite Amendment and why 11-27

Answers

Answer:

The first amendmant because it gives me the right to speak how I want to and have the religeon I choose to have without getting in trouble.

Explanation:

my opinion

Answer:

( Choose either !! )

First Amendment :

Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.

The first amendment is one my favorite amendments because, it protects people's freedom and their right to express themselves, through religion or speech.

---

Thirteenth Amendment :

Neither slavery nor involuntary servitude, except as a punishment for crime whereof the party shall have been duly convicted, shall exist within the United States, or any place subject to their jurisdiction.

The thirteenth is my favorite amendment because, it forbids slavery or forced labor.

8. The Good Neighbor Policy was created in 1973 during the Vietnam War.
True
False

Answers

The answer is False.

Economic equity is defined as what ?

Answers

Sorry answering this late but yes your answer is correct! C

How does the government influence the economy?

Answers

The government influence the economy by producing goods and services.

what is the main theme of the reverie of poor susan ​

Answers

Explanation:

in the story reverie of poor susan, the author Wordsworth says that the idea of the poem suggested to him by the “affecting” singing of birds that has been seen in streets of London. Purpose behind writing of this poem is to show the contrast between the life in the countryside as well as life in the city

I’ve never read it so I couldn’t tell you what the real theme is so I’d just believe the person above me. It’s better than blindly guessing.

Why did people stop using chunks of gold & silver as currency & start using gold & silver coins?

Answers

Answer:

It was a combination of debasement of coins made of precious metals and Gresham's law. the government was madz an silver so we srop an using gold a coins

HELPPPPPPPPPPPPpppPPppPpPpP

Answers

No, solo bromeo, ni siquiera sé la respuesta jajaja

how did the palace of versailles represent the ideals of absolutism?

Answers

Answer:

The Palace of Versailles supported absolutism during King Louis XIV's reign through propaganda, and control of nobility. Louis XIV used the grandiosity of his Palace and the art inside to promote himself to his people. A key use of propaganda in Versailles was the depiction of Louis XIV in paintings.

Explanation:

In 1993, which two governments signed the Oslo Accords?
OA.
Moroccans and Algerians
B.
Israelis and Palestinians
O C.
Lebanese and Syrians
OD. Iraqis and Americans

Answers

Answer: Israelis and Palestinians

Explanation:

Answer:

B.

Israelis and Palestinians

Explanation:

The belief that socialization rather than biology is the key to behavior is sometimes referred to as

Answers

Answer:

Behaviour modification

Explanation:

Behaviour modification simply means using learned methods such as biofeedback and reinforcement to alter certain behaviour.

To put it more simply, this is the use of certain punishment or reward to reinforce good behavior.

Therefore, the belief that socialization rather than biology is the key to behaviour is sometimes referred to as behaviour modification.

How do you define heat?

Answers

Answer:

the absence of coldness

Explanation:

Heat is the form of energy that is transferred between systems or objects with different temperatures (flowing from the high-temperature system to the low-temperature system). Also referred to as heat energy or thermal energy. Heat is typically measured in Btu, calories or joules.

What do you think Europeans were hoping to gain from traveling to other lands? Look up the definition for colonization, why do you think Europeans chose to colonize the lands that they discovered? Lastly, what are some costs and benefits of this new expansion?

Answers

Answer:

the three g's (god, glory, and gold) is what europeans where looking for in the americas but columbus was looking for a faster way way to india cause of those darn ottomans.

Explanation:

Which level of government do you think is responsible for that service

PLEASE HELP I HAVE ATTACHED A PICTURE OF THE QUESTION!​

Answers

1. Municipal governments

2 executive branch

3 State and local government

Hope I helped

The founding of the Olympic National Forest (By whom? When? Why?)

Answers

Olympic National Forest is a U.S. National Forest located in Washington, USA. With an area of 628,115 acres (2,541.89 km2), it nearly surrounds Olympic National Park and the Olympic Mountain range. Olympic National Forest contains parts of Clallam, Grays Harbor, Jefferson, and Mason counties. The landscape of the national forest varies, from the temperate Olympic rain forest to the salt water fjord of Hood Canal to the peaks of Mt. Washington.

What was the greatest failure of the reconstruction period?

Answers

Answer:

Explanation: The American Civil War preserved the Union and freed the slaves. However, during Reconstruction, a lack of political focus on the effort failed to solve the sectional wounds, and the elimination of the freed slaves' newly gained civil liberties failed to bring about long-term racial integration.

Answer:

Federal and state governments failed to

secure the rights guaranteed to former slaves

by constitutional amendments.

Explanation:

- Radical Republican governments were

unable or unwilling to enact land

reform or to provide former slaves

with the economic resources needed

to break the cycle of poverty.

- State Republican parties could not

preserve black-white voter coalitions

that would have enabled them to stay

in power and continue political

reform.

- Racial bias was a national, not just a

southern, problem. Northerners

became more absorbed in westward

expansion and industrialization than

with the problems of the former

slaves.

- The Supreme Court undermined the

power of the 14th and 15th

Amendments.

At the end of Reconstruction, former slaves

found themselves once again in a

subordinate position in society. The historian

Eric Foner concludes: “Whether measured by

the dreams inspired by emancipation or the

more limited goals of securing blacks’ rights

as citizens…Reconstruction can only be

judged a failure.”

For the following question, refer to the table of contents for H.R.5.
In order to properly assess general student achievement, a school would refer to what section?

Title I Subtitle A
Title I Subtitle B
Title I Subtitle D
Title I Subtitle C

Answers

Answer:

Explanation: D

In order to decently assess general student achievement, a school would refer to Title I Subtitle C section from the table of contents for H.R.5.

What is H.R.5.?

H.R.5. It was an act, that was made to outlaw discrimination based on gender identity, or gender orientation, as well as for other grounds.

Section 1 be it enacted by the United States Senate and House of Representatives in Congress assembled,

A school would refer to the Title I Subtitle C part of the table of contents for H.R.5 in order to correctly measure general student achievement.

Therefore, option D is correct.

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PLZ ANSWER CORRECTLY OR I REPORT U!! and don't even bother answering again with the mickey thing saarrtiingnoton

Who won the 2nd Punic war and What did they do to claim this victory?

Answers

Answer:

After three bad losses worse was to follow for Rome in August 216 BCE when Hannibal, moving into southern Italy, won a great victory against a much larger opposing army (80,000 men) at Cannae in Apulia (modern Puglia) in the heel of the Italian peninsula.

Answer:

In the Second Punic War, the great Carthaginian general Hannibal invaded Italy and scored great victories at Lake Trasimene and Cannae before his eventual defeat at the hands of Rome's Scipio Africanus in 202 B.C. left Rome in control of the western Mediterranean and much of Spain.

hope this helps(:

Why were African Americans given a place in the Tuskegee study ?

Answers

Answer:

In order to track the disease's full progression, researchers provided no effective care as the study's African American participants experienced

Explanation:

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