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Q: Gold and salt are examples of which form of money?
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In economics gold and salt are examples of which form of money?

Gold and salt are examples of commodity money in economics. Commodity money is backed by the intrinsic value of the goods or commodities themselves.


Why was demand for salt as high as gold at one time?

Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.


What is gold salt?

Some examples are: Au2Cl6, Au2S, Au2S3.


What did africans trade?

gold jewelry money salt sugar


What did the berbers trade?

The Berbers traded various goods such as salt, gold, cloth, ivory, and slaves across the Sahara Desert through trans-Saharan trade routes. They also participated in exchanging commodities with other civilizations, such as the Romans and Arabs, contributing to the spread of goods and cultural exchange in North Africa.


What are examples of commodities used as money in the past?

Examples of commodities that have been used as media of exchange include gold, silver, copper, salt, peppercorns, tea, decorated belts, shells, alcohol, cigarettes, silk, candy, nails, cocoa beans, cowries and barley. These were used a s a form of money in the past. But it is not fully erased from society it is still used today in some economies


How did Ghana's rulers provide money for their empire?

they traded gold and salt


What did the Western Africans trade to northern Africa and southern Europe?

Salt and gold are some examples.


The West African trade empires made their money mainly by trading salt and?

The West African trade empires made their money mainly by trading slaves, salt and gold.


Does salt have gold?

Salt hasn't gold.


Why is gold more precious than silver?

Gold and silver are more money than salt because gold and silver are considered precious metals. The United States economy is based on the price of gold, not on salt. Salt is a commodity, not a precious metal.


Did the people of Ghana trade their gold for salt?

Yes, they did trade there gold for salt.