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talainalover23
26.02.2021 •
History
How did auschwitz work
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Ответ:
commodity money is money that comes from the object (commodity) that which it is made and it consists of objects having value or use within themselves Some examples of commodity money are gold, silver, copper, salt, peppercorns, tea, decorated belts, shells, alcohol, cigarettes, silk, candy, nails, cocoa beans, cowries, and barley.
representative money is any type of exchange, most often printed on paper, and it represents something of value, but it actually has little or no value of its own-however it must have some intrinsic value to support the face value An example of representative money is a token or piece or paper with no intrinsic paper but that can be exchanged for a commodity on demand.
fiat money is government-established currency (money) with no intrinsic value, unlike representative money, and it does not have use value because the government controls and maintains its value or because parties taking part in money exchanges agree on the value given An example of fiat money is gold or silver.
Explanation:
I think representative money had the most value because it is often known as commodity-backed money, and while commodity money comes from objects of value, representaive money allows buyers to exchange for other things of value, and in general, get anything of value. Representative value may have no value of its own but its value is greater when dealing with commodities.