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The gold standard was used to back?
Paper Money?
What type of resource is not an economic factor of production?
Money, political resources, and infrastructure are not considered economic factors of production. Money is considered to be a factor used in trade, mostly. Money is used to trade or sell or buy something and for production to move as well. It can be a huge factor that contribute to production but it mostly envelopes the trade industry.
Why money is not considered as factor as production?
Money is not a factor of production in economics because it is used as a way to facilitate trade, but does not actually produce goods or services on its own. Money is not considered a factor of production because it cannot be made into a good or service. It can only purchase them. Money facilitates trade, but it is not in itself a productive resource. A factor of production is an input to the production process, such as capital. Money is not capital as economists define capital, because it is not a productive resource.
Which of these is a suitable substitute used for trade barter fiat money coins and paper money?
Fiat money is a suitable substitute used for trade barter.
Is gold valuable?
Yes and it was once used for money in order to back up paper money.
Can paper chromatography be used to separate large amounts of solutions Why or why not?
Paper chromatography is used as an analytical method not for production.
What is flax filament called?
It is a thread. Flax is a material similar to cotton, so the fiber is spun into thread in a similar fashion. Flax thread is most commonly used for embroidery purposes, as it is limited in production, but is almost irridescent when used as embroidery floss.The filament itself is called a harl.
Does flax come from fish?
Flax is a plant. The seeds are used to produce flax oil.
What color does counterfeit money burn?
Counterfeit money may burn with a bluish or black color due to the ink and paper used in its production. However, burning money, whether real or counterfeit, is illegal and should not be attempted.
Before the inovation of paper money?
Before paper money was the invention of dollar coins that they used for their own type of money
What kind of money was used in the Civil War?
Due to the insufficient amount of gold coin paper money was used instead. In the Confederacy also Postage stamps were used as paper money.
What was money like in the 1700s?
They used coins and paper money.
How is paper money used?
if paper dose not exits we cannot avail these services or also we have a allots of opportunities because of paper money's we have electronic dealings just because of paper money
Why did china begin to use paper money?
paper money was first used because of a metal shortage
How long has paper money been around?
The first paper money used in the United States was in 1862!
First used paper money?
The Chinese
How much water is used in paper production Usage per a4 sheet would be very informative?
For the production of one piece of A4-paper 10 litres of water is used. I found this on http://www.waterfootprint.org/page=files/productgallery&product=paper
