0
If currency was not invented people would have no motivation or ambition to work, but a lot of the problems in the modern world would disappear.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
Who invented the Thai money system?
who invented the currency of Tailand
The rate at which something happens?
Currency
What are some things Egypt invented?
They invented the first form of currency and the calender. They were known to have invented math.
What happens when the US currency strengthens what happens to the euro?
everyone dies
What happens to worn out currency?
There are many things that could happen to worn out currency. Worn out currency can be recycled for new money.
If the world uses one currency which countrys currency will be the dominant currency or will a completely new currency be invented?
Most certainly the Euro will be the most dominant. Maybe a new currency, but the Euro has the most value.
What happens when Currency traders buy on margin?
When currency traders buy on margin they borrow money from their broker. They do this in order to make a larger currency purchase.
What happens when more people holding a specific currency want to sell it than there are others who want to buy it?
The currency weakens
What happens when more people holding specific currency want to sell it than there are others who want to buy it?
The currency weakens
Which of the following explains what happens when currency traders buy on?
They borrow money from their broker in order to make a larger currency purchase
What best explains what happens to the exchange of a floating currency?
The exchange rate for that currency changes depending on the operations of the free market
When was the Swiss Franc invented?
1848. Prior to that each canton had its own currency.
