Author Question: Define standardized currency (money). What will be an ideal ... (Read 46 times)

D2AR0N

  • Hero Member
  • *****
  • Posts: 561
Define standardized currency (money).
 
  What will be an ideal response?

Question 2

What is one of the major negative consequences of globalization?
 
  What will be an ideal response?



coyin

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

ANSWER:
It is a medium of exchange that has well-defined and understood value.

Answer to Question 2

ANSWER:
It is the increasing gap between the rich and the poor, poor international environmental, governmental, and labor standards. Answers will vary.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

For a complete list of videos, visit our video library