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First it was barter, simple trading but it didn't really work as the farmer could only trade with food (which i may not want)
Then it was precious metals/objects. This made it easier to trade but metals are prone to be debased in purity. (Some, such as native Americans on the west coast used rare sea-shells)
Finally it turned into paper currency, which were accepted only with great reluctance (the first try was in Mongolia, all the merchants refused to use the paper currency). Of course printing techniques eventually improved to the point where confidence was invesed into bills.
And now money seems to become more virtual, so to really define it would be a few watts of eletricity in some database. It makes tranactions much easier but it can be destroyed by a power outage, hacker, the bank itself hacking, data corruption. Furthermore Virtual money is harder to trace for law enforcement and not everyone has or uses a card swipe to accept purchases.
*Note only 5% of all the money in the states is real tangible money.
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∙ 12y ago
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How money has evolved?
Money has evolved from a way to purchase goods to the driving force behind countries. Nearly every country has its own type of money.
Could overtime pay make worker work few hours?
Employees work the hours set by the employer. Employers try to avoid working employees in overtime situations. Overtime is designed as a PENALTY on employers.
Why does money exist?
It has evolved from barter system to gold and precious stone system to the present system. It exists because of the ease of transporting it in smaller and lighter size.
If i was a fashion designer would i get paid overtime?
it depends on your position
How much does an average nike shoe factory workers make?
They are paid £4 a day but they take out money for their lunch and rent.They work 13 hours a day and very often they have to work overtime. They work 6 or 7 days a week and get only a 5 min break to go to the toilet once.The Conditions Are Horrible!
How has the elephant species evolved overtime?
Elephants have evolved with tusks! They have been hunted by poachers for their tusks, so they have evolved to not have tusks. :)
Is there overtime for being a doctor?
doctors get overtime money
What is a sentence using overtime?
I worked overtime to get leave and more money.
Who invented country's?
country people and it just evolved overtime since the 1780s
How money has evolved?
Money has evolved from a way to purchase goods to the driving force behind countries. Nearly every country has its own type of money.
How come a struggling company like a and p allows some department managers to steel money and lots of it by making lots of overtime hours in sores were overtime is not allowed to any other employeel?
If you are correct that only managers are allowed overtime, then I would guess that the corporation feels that having managers work overtime pays off in the long run, that they will save the company more money than they get in overtime wages. They probably feel that other employees should not get overtime since that time usually doesn't pay off. Better to hire another employee than to have all employees trying for overtime.
Do Zoologist get paid for overtime?
yes they do make some money but can be used as donating your time to help.
How much money does a fish and wildlife enforcement officer make?
$33,000, it can be $35,000 with overtime
How was Kanji made?
Kanji originated in China from a writing system hieroglyphics similar to that of the ancient Egyptians. Overtime, these hieroglyphic shapes evolved into the more "writing friendly" shapes of today.
What is overtime application?
An overtime application is the request to work more than the regular scheduled full-time hours. It has to be approved since companies want to avoid paying the extra money in some cases.
How has transportation evolved over time?
economics means money and goods
Is overtime countable or uncountable noun?
The noun overtime is an uncountable noun. Multiples are expressed in terms of 'hours of overtime', 'more overtime', 'some overtime', etc.
