answer in one sentence what is animal money​ - Brainly.in (2024)

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Answer in one sentence what is animal money​ - Brainly.in? ›

Answer: Animal money- In the early days of civilization in the primitive farming communities' money took the form of animals.

1. Animal money: in protohistoric period 'animal money' was used as a means of exchange, e.g. cow sheep goat etc. however due to their indivisible nature, commodity money came into existence.

Animal Money: Animal money derives its value from the live animals themselves. The animals serve as both a medium of exchange and a store of value. Commodity Money: Commodity money derives its value from the inherent worth of the material it is made of, such as gold, silver, or other valuable commodities.

Expert-Verified Answer

Budgeting primarily serves to plan income and expenses, enabling individuals and businesses to manage their finances effectively.

The Use of the conjunction; OR

On this note, the relationship suggested in the context is; an alternative.

Animals have been observed trading items, like food or nesting materials, but as far as I know currency - items with no direct use itself that can be exchanged for useful things - has only been invented by humans. However, monkeys can be taught to use currency.

Non-human animals are not legal persons and cannot directly own property. Pets typically "inherit" money through a pet trust through which the money must be used for their care after the death of the owner.

Historically, examples of commodity money include gold, silver, tea, alcohol, and seashells. Even if no one would accept such goods as trade, the owners could still use them for their purposes.

Commodity money is also know as standard money because it is the monetary unit which is approved by the government to act as the legal tender in the currency system and in which other types of money in the economy like bank draft, promissory not etc. is convertible.

Examples of commodity money are gold and silver coins. Gold coins were valuable because they could be used in exchange for other goods or services, but also because the gold itself was valued and had other uses. Commodity money gave way to the next stage-representative money.

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In English, our sentences usually operate using a similar pattern: subject, verb, then object. The nice part about this type of structure is that it lets your reader easily know who is doing the action and what the outcome of the action is. A subject performs the action in a sentence.

Every sentence requires at least a verb and a subject; a verb is an action, and a subject is the noun that does the action. I am waiting. In this example, am waiting is the verb. The main verb is wait, but when we conjugate it in the present continuous, we use the –ing form and add the auxiliary verb am.

Subordinating Conjunctions:

Subordinating conjunctions allow and introduce a subordinating or dependent clause. They glue an independent clause with a dependent clause. Out of all the conjunctions, subordinating conjunctions are the most tricky to follow and identify.

Countries Who've Used Animals on their Currency

The US also has its bald eagle. Many Middle East nations have falcons, Russia has its bear. South Africa has its Springbok, Ethiopia has an Elephant, China has a dragon and peaco*ck. It is no surprise that animals are on of the top themes on banknotes.

Playing on the power concept, longhorns are also known as a symbol of abundance and wealth. “Animals assist in understanding our past, and if we are attentive, animal totems can reveal glimpses into our future.

“Money Illusion”

Irrational money illusion is an aspect of animal spirits. In his 1928 book, The Money Illusion, Irving Fisher gave an example of a woman whose illusion was that her $50,000 bond portfolio was still worth as much as it had been years earlier.

Interspecies Money is currently a hypothetical form of currency that would be used by different species to trade not only with each other but also with human beings.