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Q: Governments once printed money and promised it could be exchanged at a specific rate for a particular commodity What was the most common commodity used?
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Governments once printed money and promised it could be exchanged at a specific rate for a particular commodity. What was the most common commodity used?

gold


The missionaries in Texas who promised to live in poverty were who?

gvjhhgb


What does default mean in financial terms?

It means that the borrower did not pay as promised. It means you are in default on the loan.


What economic effect did dot coms have?

Some of them never produced a profit. They attracted many investors. They often promised more then they delivered.


Is globalization a good or a bad thing?

Governments are told to follow two paths. First, deregulate and privatise. This has been pursued in over 90 countries through structural adjustment policies of the World Bank and International Monetary Fund. The bitter legacy is growing poverty in all regions of the developing world, except China. Second, leave business to regulate itself. Corporations have promised to adopt voluntary ethical standards in response to growing public concern over social and environmental damage. But these have often been a public relations exercise to deflect criticism and the few companies that are implementing these standards compete at a disadvantage to the majority of companies that don't. Governments are told to follow two paths. First, deregulate and privatise. This has been pursued in over 90 countries through structural adjustment policies of the World Bank and International Monetary Fund. The bitter legacy is growing poverty in all regions of the developing world, except China. Second, leave business to regulate itself. Corporations have promised to adopt voluntary ethical standards in response to growing public concern over social and environmental damage. But these have often been a public relations exercise to deflect criticism and the few companies that are implementing these standards compete at a disadvantage to the majority of companies that don't.

Related questions

Governments once printed money and promised it could be exchanged at a specific rate for a particular commodity. What was the most common commodity used?

gold


What is the meaning of undertaken?

to have promised to do a particular thing, to commit oneself to a responsibility or enterprise


Why does Algeria have child soldiers?

Algeria has a large number of child soldiers because they are forced to fight by local militias. They are promised better lives in exchanged for their loyalty.


Who is the little girl in Harvest Moon that Jack promised when they were little?

Nobody in particular. She's likely one of the girls you can marry, however.


How did the bill of rights help the convince people to ratify the constitution?

The Bill of Rights established individual rights that the state and federal governments could not trample on. --- it promised them that the rights of citizens would be protected


How did the bill of rights help convince people to ratify to constitution?

The Bill of Rights established individual rights that the state and federal governments could not trample on. --- it promised them that the rights of citizens would be protected


Who promised the land to the Jews?

God promised the promised land to the Israelites.


What was promised land?

The promised land that God had promised to the Isrealites was named Canaan.


How did the African American church interpret the message of Christianity?

Christianity promised freedom


How was the governments response criticized after hurricane Katrina?

not very good coz they didnt act fast enough and barack obama promised a load of stuff then three years later he went back and nothing had been done :)


Where was the promised land located?

The promised land that God had promised to the Isrealites was named Canaan.


What was Christopher Columbus promised if he was successful?

not quite sure but the tligits promised fur and i think he promised gold or food...