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What else can I help you with?
Name two reasons that European nations needed gold?
they wanted to be rich and use it as a means to store and measure wealth because they believed that gold was a rock valuable and that it was difficult to find it any where in the world.
What currency was used in 1912?
In 1912, the currency used varied by country. For example, in the United States, the dollar was the official currency, while in the United Kingdom, the pound sterling was in use. Similarly, many European countries used their own national currencies, such as the German mark and the French franc. Additionally, some countries were still using gold and silver standards for currency valuation.
What is the worlds oldest currency?
The world's oldest currency still in use is Pound Sterling (The currency of the United Kingdom).
What currency do France use?
They use euro' but used to use Franc's
What type of currency did Spain use in the 1500s?
Dogs and Cats. They were very rare at the time and a great form of currency.
What is the term for the use of gold as a nation's currency?
The Gold Standard. As of 2014 no nation uses a gold standard as the basis of its monetary system, although many hold substantial gold reserves.
Does Egypt use gold for money?
No they dont use gold as currency.. they have the Egyptian pound gold, though, is very valuble as it is everywhere...
Why gold is useful for humans?
Humans use gold for a variety of reasons, not the least of which is the jewelry industry. Gold has historically been used as currency or as a backing for currency. Gold is also used in electronics and audio components.
What kind of money did people use in 1713?
currency backed by gold
Why use coins as currency than gold bars?
They are more portable.
Why was gold valuble in 1851-1900sau?
Gold was valuable in the late 19th century due to its role as a standard of currency and a measure of wealth. The gold standard, adopted by many nations, tied the value of currency directly to a specific amount of gold, ensuring stability and trust in financial systems. Additionally, gold was sought after for its use in jewelry, electronics, and as an investment, especially during economic uncertainties and booms. The discovery of gold in various regions, such as the California Gold Rush of 1849, further heightened its demand and value during this period.
What money did they have in ballarat?
If you are referring to the Gold Rush times, they had the same currency as they did in England at the time. Now we use the Australian currency.
What currency did rome use before the euro?
The currency of Italy is the Euro (€).
What did ancient Egyptians use as their currency?
Egyptians used gold currency The earliest money that we know about was made of pure gold and dates back to the 3rd millennium BC in Egypt. The gold had standardised weights and values.
What is the history of gold coinage?
the Romans were the first people to make gold coins as they were the first to use currency as well
What does G stand for in Harvest Moon DS?
It stands for gold, the currency they use.
What did the ancient Egyptians use as their currency?
Egyptians used gold currency The earliest money that we know about was made of pure gold and dates back to the 3rd millennium BC in Egypt. The gold had standardised weights and values.
