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Why would the Soninke people exchange gold for salt?

Updated: 8/18/2019
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10y ago

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To get a boat.

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10y ago
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Q: Why would the Soninke people exchange gold for salt?
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Related questions

What did the people in the gold rush do with the gold?

Most people went to the gold traders to exchange their gold for cash, or they took it to the bank, where they would also exchange it for cash.


What was a monetary system in which the government would give people silver and gold in exchange for paper currency?

bimetallism


How did early soninke farmers create a state?

By doing unfair gold and salt trade to make a larger profit.


How did early soninke farmers create a strong state?

By doing unfair gold and salt trade to make a larger profit.


Were the Soninke people poor?

NO! They are very rich and powerful, they trade gold and salt, but how they make the money is by putting tax on the trade which is like getting millions of dollars for putting tax on whenever you drive.


How much gold would you get for 5000 dollars?

At the current exchange rate - you would get approximately 3.5 ounces of gold.


How would bimetallism help the economy according to its support?

by giving people either gold or silver in exchange for paper currency or checks


Bimetallism would allow for the exchange of paper currency for?

either gold or silver


How is gold price per gram determined?

Gold price per gram is determined by the weight of the gold and the current exchange rate. For example, if the current exchange rate is 100 dollars per gram, then one gram of gold would be 100 dollars.


Where is the nearest gold exchange to Dallas TX?

The nearest gold exchange to Dallas, Texas is in Fort Worth, Texas. There you will be able to exchange any gold that you may want to exchange if you want to do it near Dallas, Texas.


How do you change gold?

A gold exchange company


Where can one exchange cash for gold?

One can exchange cash for gold at a number of local establishments in the area one is living in. One such place is AAA Gold Exchange, which offers cash for gold and other jewelry.