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Gold and salt are examples of commodity money. Commodity money has intrinsic value, meaning that the items themselves hold worth based on their material properties or usefulness. Historically, these items were widely accepted as a medium of exchange before the establishment of Fiat currencies.
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Are salt and water are examples of a mixture?
Yes, salt and water are examples of a mixture. A mixture is a physical combination of two or more substances that are not chemically bonded. In this case, salt dissolves in water to form a homogeneous mixture.
What are the examples of soluble and insoluble?
An example of an item that is soluble in water is salt. If you put salt in water, the salt disappears. An insoluble item in water is oil or sand, because no matter how many times you stir it, the sand or oil is always there.
What are the example of substance?
Examples of substances include water, salt, oxygen, sugar, and gold. These are all materials that have distinct chemical compositions and physical properties.
When was salt used as money?
Salt has been used as a form of money in various cultures throughout history, dating back to ancient times. For example, salt was used as currency in some African and Middle Eastern societies, as well as in ancient Rome where soldiers were sometimes paid in salt (salarium, the root of the word salary).
What are the examples of pure substance and give their uses?
Examples of pure substances include elements like gold, oxygen, and carbon, as well as compounds like diamond, water, and sodium chloride. These substances are used in various applications, such as gold in jewelry and electronics, oxygen in respiration, water for hydration and industrial processes, and sodium chloride as table salt and in food preservation.
In economics gold and salt are examples of which form of money?
Gold and salt are examples of commodity money in economics. Commodity money is backed by the intrinsic value of the goods or commodities themselves.
Why was demand for salt as high as gold at one time?
Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.
What did africans trade?
gold jewelry money salt sugar
What is gold salt?
Gold salt refers to a compound where gold is chemically bonded to another element, such as chlorine or sulfur. These compounds are often used in medicine, electronics, and plating processes due to gold's unique properties. Examples include gold chloride (AuCl3) and gold sulfide (Au2S3).
What are examples of commodities used as money in the past?
Examples of commodities that have been used as media of exchange include gold, silver, copper, salt, peppercorns, tea, decorated belts, shells, alcohol, cigarettes, silk, candy, nails, cocoa beans, cowries and barley. These were used a s a form of money in the past. But it is not fully erased from society it is still used today in some economies
How did Ghana's rulers provide money for their empire?
they traded gold and salt
What did the Western Africans trade to northern Africa and southern Europe?
Salt and gold are some examples.
The West African trade empires made their money mainly by trading salt and?
The West African trade empires made their money mainly by trading slaves, salt and gold.
Does salt have gold?
Salt hasn't gold.
Did the people of Ghana trade their gold for salt?
Yes, they did trade there gold for salt.
How do most people in Ghana make their money?
Trading salt and gold throughout West Africa.
Why did salt mines break apart ancient African empires?
The salt broke up ancient African empires because the people with gold traded with the people that had salt,so the people in between could charge the people with gold money.
