Read the following passage and mark the letter A, B, C or D on your answer sheet to indicate the correct answer to each of the questions.MoneyThe ancestor of the monetary system is of course the barter system. A farmer could trade his produce for the fish obtained by a fisherman or the cloth produced by a weaver. Even today the barter system tends to come back into style in places suffering from social breakdown, or as an informal sideline activity in more harmonious lands. However, trying to ...
Tô Hương Liên | Chat Online | |
04/09 18:44:32 (Tiếng Anh - Lớp 12) |
Read the following passage and mark the letter A, B, C or D on your answer sheet to indicate the correct answer to each of the questions.
Money
The ancestor of the monetary system is of course the barter system. A farmer could trade his produce for the fish obtained by a fisherman or the cloth produced by a weaver. Even today the barter system tends to come back into style in places suffering from social breakdown, or as an informal sideline activity in more harmonious lands. However, trying to reach agreement over the relative value of different things tends to be time-consuming and vexing, and so societies tended to converge towards a common medium of exchange. Pacific islanders used shells; Aztecs used cacao beans, the main ingredient of chocolate. Livestock was common among herding cultures; slaves were sometimes used, too, but they were much harder to control than cattle and so not as popular; and many cultures used salt, including the Romans for a time- hence, the modern term "salary". Incidentally, after World War II cigarettes were used as a medium of exchange in many countries then in very poor condition, and it is said that in Italy “penny candy” was commonly used as “small change” even into the 1970s.
The medium that gradually gained widespread acceptance was precious metals such as gold and silver. Coins are said to have been invented by the Lydians, a people of Asia Minor, sometime after 640 BC. They used stamped ingots of "electrum", a naturally occurring amalgam of silver and gold. The scheme was refined by King Croesus, ruler of Lydia from 560 to 546 BCE, who introduced coins of true gold. He is still identified with wealth in the expression "rich as Croesus". The introduction of coinage was a great boon for traders, simplifying transactions and allowing them to be conducted more smoothly over long distances.
[1] Coinage also helped support far-flung empires; the Roman Empire was built on silver and gold coins, as well as military victories. As the empire expanded, the expenditures of the state led to the debasement of the coins, beginning with an act of the Emperor Nero in 64 A.D. By the end of his reign, the silver content of Roman coins had shrunk by 10%. [2] Other emperors followed his example, and over 200 years from the start of the process, the content shrank to 5%. The coins’ buying power fell accordingly.
[3] Coins are still with us, though they are now little more than tokens made of non-precious metals. [4] Few countries still use silver or gold coins as anything other than collector's items.
What can be inferred from paragraph 4?
Lựa chọn một trả lời để xem Đáp án chính xác Báo sai đáp án hoặc câu hỏi |
A. Gold and silver coins have little value today 0 % | 0 phiếu |
B. Gold and silver coins are rarely used as money today 0 % | 0 phiếu |
C. Coins used today do not differ much from coins of the past 0 % | 0 phiếu |
D. Most coins today have little buying power 0 % | 0 phiếu |
Tổng cộng: | 0 trả lời |
Trắc nghiệm liên quan
- Read the following passage and mark the letter A, B, C or D on your answer sheet to indicate the correct answer to each of the questions.MoneyThe ancestor of the monetary system is of course the barter system. A farmer could trade his produce for the ... (Tiếng Anh - Lớp 12)
- Read the following passage and mark the letter A, B, C or D on your answer sheet to indicate the correct answer to each of the questions.MoneyThe ancestor of the monetary system is of course the barter system. A farmer could trade his produce for the ... (Tiếng Anh - Lớp 12)
- Read the following passage and mark the letter A, B, C or D on your answer sheet to indicate the correct answer to each of the questions.MoneyThe ancestor of the monetary system is of course the barter system. A farmer could trade his produce for the ... (Tiếng Anh - Lớp 12)
- Read the following passage and mark the letter A, B, C or D on your answer sheet to indicate the correct answer to each of the questions.MoneyThe ancestor of the monetary system is of course the barter system. A farmer could trade his produce for the ... (Tiếng Anh - Lớp 12)
- Read the following passage and mark the letter A, B, C or D on your answer sheet to indicate the correct answer to each of the questions.MoneyThe ancestor of the monetary system is of course the barter system. A farmer could trade his produce for the ... (Tiếng Anh - Lớp 12)
- Read the following passage and mark the letter A, B, C or D on your answer sheet to indicate the correct answer to each of the questions.MoneyThe ancestor of the monetary system is of course the barter system. A farmer could trade his produce for the ... (Tiếng Anh - Lớp 12)
- Read the following passage and mark the letter A, B, C or D on your answer sheet to indicate the correct answer to each of the questions.MoneyThe ancestor of the monetary system is of course the barter system. A farmer could trade his produce for the ... (Tiếng Anh - Lớp 12)
- Read the following passage and mark the letter A, B, C or D on your answer sheet to indicate the correct answer to each of the questions.MoneyThe ancestor of the monetary system is of course the barter system. A farmer could trade his produce for the ... (Tiếng Anh - Lớp 12)
- Mark the letter A, B, C or D on your answer sheet to indicate the underlined part that needs correction in each of the following questions.Foods of animal origin(A) generally supply greatest (B) amounts(C) of iron to the diet than do foods of(D) ... (Tiếng Anh - Lớp 12)
- Mark the letter A, B, C or D on your answer sheet to indicate the underlined part that needs correction in each of the following questions.It is likely(A) that everyone in Vietnam has(B) his own(C) house and car by(D) 2050. (Tiếng Anh - Lớp 12)
Trắc nghiệm mới nhất
- Trong Powerpoint, bản mẫu có tên là gì? (Tin học - Lớp 8)
- Header là phần nào của văn bản? (Tin học - Lớp 8)
- Dạng thông tin giống nhau xuất hiện ở đầu trang hoặc chân các trang được xem như là? (Tin học - Lớp 8)
- Để chèn ảnh vào văn bản thì ta chọn lệnh? (Tin học - Lớp 8)
- Để chèn ảnh vào văn bản thì ta đặt con trỏ tại? (Tin học - Lớp 8)
- Lệnh Shape Fill nằm trong dải lệnh nào dưới đây? (Tin học - Lớp 8)
- Phần I. Trắc nghiệm (4 điểm) Câu 1: Để hiệu chỉnh màu nền thì ta chọn lệnh (Tin học - Lớp 8)
- Đọc văn bản sau và trả lời các câu hỏi bên dưới: Công nghệ càng trở nên ưu việt sau khi đón tiếp sự ra đời của những chiếc điện thoại thông minh, hay còn gọi là smartphone. Vậy nên điện thoại thì thông minh nhưng người dùng nó, đặc biệt là người trẻ ... (Ngữ văn - Lớp 8)
- Tình huống nào sau đây cần có nguồn nhân lực phát triển phần mềm? (Tin học - Lớp 8)
- Các ngành nghề đào tạo nào hướng đến việc làm trong lĩnh vực tin học? (Tin học - Lớp 8)