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Which of these statements does not describe the banking system in ancient Egypt?
Wiki User
∙ 9y ago
Bank issued letters of credit to be used as currency
Wiki User
∙ 9y ago
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What is the hierarchy in ancient Egypt?
A hierarchy is the social system in ancient Egypt
Describe the Aztec system of writing?
hard to understand
How did banks originate?
the people have too much money too much robery so they created a banking system.
Did the ancient Vikings have their own monetary system including a central bank?
Ancient Vikings did not have their own monetary system nor did they have banks. Ancient Vikings like many ancient cultures traded in pure gold. They lived in a caste system which had a clear leader (king) of which they paid tribute to from each raid. Vikings did not have banks either, they instead hoarded their spoils of war.
How did ancient farmers use the water of the Indus river system to grow crops by?
4. How did ancient farmers use the water of the Indus river system to help grow crops?
Which of the statements does not describe the banking system in ancient Egypt?
Bank issued letters of credit to be used as currency
Describe and explain modern banking system?
modern banking
What is natwest online banking?
Natwest online banking allows customers to check their account balances and print statements. It's an online account like any other online banking system.
Briefly explain the evolution of banking system in India?
E-banking in India dates back to the 1980s and was established to allow people to access a banking system using a telephone line. It started with basic services and grew from there. It's estimated that over 21 million people in India now use e-banking services.
Like ancient India ancient China was generally ruled by a dynasty. Which of these statements best describes this system of rule?
rule of the country was passed down by inheritance
How Banking system in a sentence?
1. The whole banking system was thrown into confusion. 2. The more complex the banking system, the more difficult it is to do this. 3. A sound banking system matched to new banking needs. 4. The international banking system began to crack. 5. The regulatory structure for the banking system is almost entirely pro-cyclical.
which statements describe a major advantage of a federal system of government over a unitary system?
it prevents a single national government from holding all of country's power.
How is universal banking system operated?
how is universal banking system operted/
How is system design of private banking Who is system design of private banking What is system design of private banking Why is system design of private banking?
he closed all banks and only reopened those with enough money
What is home banking system?
What is Home Banking
What is modern banking system?
Modern banking system has been able to incorporate technology into the banking industry. This is what has made online and mobile banking possible.
ER diagram for a banking system?
entity relationship diagram on banking system?
