题目
求一篇关于货币的英文短文
关于货币的历史,演变之类的~口述在3分钟左右
关于货币的历史,演变之类的~口述在3分钟左右
提问时间:2022-01-07
答案
The History of Money
Money is anything that is commonly accepted by a group of people for the exchange of goods, services, or resources. Every country has its own system of coins and paper money.
Bartering and Commodity Money
In the beginning, people bartered. Barter is the exchange of a good or service for another good or service, a bag of rice for a bag of beans. However, what if you couldn't agree what something was worth in exchange or you didn't want what the other person had. To solve that problem humans developed what is called commodity money.
A commodity is a basic item used by almost everyone. In the past, salt, tea, tobacco, cattle and seeds were commodities and therefore were once used as money. However, using commodities as money had other problems. Carrying bags of salt and other commodities was hard, and commodities were difficult to store or were perishable.
Coins and Paper Money
Metals objects were introduced as money around 5000 B.C. By 700 BC, the Lydians became the first in the Western world to make coins. Countries were soon minting their own series of coins with specific values. Metal was used because it was readily available, easy to work with and could be recycled. Since coins were given a certain value, it became easier to compare the cost of items people wanted.
Some of the earliest known paper money dates back to China, where the issue of paper money became common from about AD 960 onwards.
Representative Money
With the introduction of paper currency and non-precious coinage, commodity money evolved into representative money. This meant that what money itself was made of no longer had to be very valuable.
Representative money was backed by a government or bank's promise to exchange it for a certain amount of silver or gold. For example, the old British Pound bill or Pound Sterling was once guaranteed to be redeemable for a pound of sterling silver.
For most of the nineteenth and twentieth centuries, the majority of currencies were based on representative money through the use of the gold standard.
Fiat Money
Representative money has now been replaced by fiat money. Fiat is the Latin word for "let it be done". Money is now given value by a government fiat or decree, in other words enforceable legal tender laws were made. By law the refusal of "legal tender" money in favor of some other form of payment is illegal.
$$$
The origin of the "$" money sign is not certain. Many historians trace the $ money sign to either the Mexican or Spanish "P's" for pesos, or piastres, or pieces of eight. The study of old manuscripts shows that the "S," gradually came to be written over the "P," looking very much like the "$" mark.
U.S. Money Trivia
On March 10, 1862 the first United States paper money was issued. The denominations were $5, $10, and $20. They became legal tender by Act of March 17, 1862. The inclusion of "In God We Trust" on all currency was required by law in 1955. The national motto first appeared on paper money in 1957 on $1 Silver Certificates, and on all Federal Reserve Notes beginning with Series 1963.
Electronic Banking
ERMA began as a project for the Bank of America in an effort to computerize the banking industry. MICR (magnetic ink character recognition) was part of ERMA. MICR allowed computers to read special numbers at the bottom of checks that allowed computerized tracking and accounting of check transactions.
Money is anything that is commonly accepted by a group of people for the exchange of goods, services, or resources. Every country has its own system of coins and paper money.
Bartering and Commodity Money
In the beginning, people bartered. Barter is the exchange of a good or service for another good or service, a bag of rice for a bag of beans. However, what if you couldn't agree what something was worth in exchange or you didn't want what the other person had. To solve that problem humans developed what is called commodity money.
A commodity is a basic item used by almost everyone. In the past, salt, tea, tobacco, cattle and seeds were commodities and therefore were once used as money. However, using commodities as money had other problems. Carrying bags of salt and other commodities was hard, and commodities were difficult to store or were perishable.
Coins and Paper Money
Metals objects were introduced as money around 5000 B.C. By 700 BC, the Lydians became the first in the Western world to make coins. Countries were soon minting their own series of coins with specific values. Metal was used because it was readily available, easy to work with and could be recycled. Since coins were given a certain value, it became easier to compare the cost of items people wanted.
Some of the earliest known paper money dates back to China, where the issue of paper money became common from about AD 960 onwards.
Representative Money
With the introduction of paper currency and non-precious coinage, commodity money evolved into representative money. This meant that what money itself was made of no longer had to be very valuable.
Representative money was backed by a government or bank's promise to exchange it for a certain amount of silver or gold. For example, the old British Pound bill or Pound Sterling was once guaranteed to be redeemable for a pound of sterling silver.
For most of the nineteenth and twentieth centuries, the majority of currencies were based on representative money through the use of the gold standard.
Fiat Money
Representative money has now been replaced by fiat money. Fiat is the Latin word for "let it be done". Money is now given value by a government fiat or decree, in other words enforceable legal tender laws were made. By law the refusal of "legal tender" money in favor of some other form of payment is illegal.
$$$
The origin of the "$" money sign is not certain. Many historians trace the $ money sign to either the Mexican or Spanish "P's" for pesos, or piastres, or pieces of eight. The study of old manuscripts shows that the "S," gradually came to be written over the "P," looking very much like the "$" mark.
U.S. Money Trivia
On March 10, 1862 the first United States paper money was issued. The denominations were $5, $10, and $20. They became legal tender by Act of March 17, 1862. The inclusion of "In God We Trust" on all currency was required by law in 1955. The national motto first appeared on paper money in 1957 on $1 Silver Certificates, and on all Federal Reserve Notes beginning with Series 1963.
Electronic Banking
ERMA began as a project for the Bank of America in an effort to computerize the banking industry. MICR (magnetic ink character recognition) was part of ERMA. MICR allowed computers to read special numbers at the bottom of checks that allowed computerized tracking and accounting of check transactions.
举一反三
已知函数f(x)=x,g(x)=alnx,a∈R.若曲线y=f(x)与曲线y=g(x)相交,且在交点处有相同的切线,求a的值和该切线方程.
我想写一篇关于奥巴马的演讲的文章,写哪一篇好呢?为什么好
奥巴马演讲不用看稿子.为什么中国领导演讲要看?
想找英语初三上学期的首字母填空练习……
英语翻译
最新试题
- 1There( )some cheese and sandwiches on the table.填be动词.
- 2有一块形状不规则并能溶于水的固体,怎样利用量筒和沙子去测量它的体积?如何计算
- 3is the boy a new student?这个怎么作肯定回答啊?
- 4三个大户共收粮食130吨,其中甲比乙多收12.5吨.丙比甲,乙两户收成的和少25吨.甲乙丙各收粮食多少吨?
- 5一个长方体的长是15厘米,宽是12厘米,高是8厘米,它的上面长是_厘米,宽是_厘米,面积是_平方厘米;前面的长是_厘米,宽是_厘米,面积是_平方厘米;右面的长是_厘米,宽是_平方厘米,
- 6我们知道,|a|表示数a到原点的距离,这是绝对值的几何意义.进一步地,数轴上两个点A.B,分别用a,b表示,那么A.B两点之间的距离为AB=|a-b|.(思考一下,为什么?),利用此结论,回
- 70.16:2/5=8/25x这个比例怎么解?
- 89(1加2x)的平方等于16
- 9才能来自勤奋的意思!
- 10基因突变的结果是什么?
热门考点
- 1有一串数,第一个数是6,第二个数是3,从第二个数起,每个数都比它前面的那个数与后面那个数的和小5,那么这串数中,从第一个数起到第400个数为止的400个数之和是_.
- 2《赠汪伦》改成记叙文,十万火急!
- 3一段公路,甲单独修需要15天,乙单独修需要12天.甲乙两队从两端同时合修3天后,还相距3.52千米.这段公
- 4蓝藻属于细菌吗?为什么?原核生物都是细菌吗?举例说明白!
- 5人体组成主要成分是什么?
- 6如果x²-3x-1=0,求x^4+1/x^4的值
- 7在一个大烧杯中放入一个鸡蛋,加水至烧杯的3/5 处,用胶头滴管在鸡蛋周围逐渐滴加浓盐酸,一段时间后
- 8(先因式分解后计算求值,
- 9我是一个奇数是一个两位数,十位数字与个位数字的积是2,猜猜看我是几?
- 10十五分之八×九十九+十五分之八简便计算