Economics Unit / Bartering
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Bartering is an exchange of goods or services without the use of money. In the past before money was invented, people bartered by trading things they didn't need for things they wanted or needed. Common items that were bartered included food, clothing, and animal skins. Over time, precious metals like gold and silver emerged as standardized currencies because they had intrinsic value and were durable. The development of coins marked the transition from bartering to a monetary system.
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The document discusses various artisans and merchants in Japanese society. It describes five main crafts of artisans: armorsmiths, swordsmiths, carpenters, roofers, and sawyers. Armorsmiths created armor out of materials like bamboo and leather that took over a year to make. Swordsmiths crafted sharp swords using two types of steel. Carpenters, roofers, and sawyers worked closely together to build Japanese houses without nails. Merchants sold a variety of goods and became prosperous as roads and cities grew. They eventually organized into trading guilds called "za" to conduct business.
Informational passages rc money
- Before money was invented, people traded animals and crops for the things they wanted.
- In ancient China, people traded shells, metal tools, and later paper made from deer skin for goods and services.
- The first coins were made of gold and silver around 700 BC in Lydia, located in modern-day Turkey. After Lydia, coin usage spread to Rome, Iran, and Greece.
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Tattoos have a history of over 5,000 years originating in Eurasia. Some of the earliest tattoos were found on Otzi the Ice Man and were worn by ancient Egyptian priestesses. Pacific Island tattoos became highly intricate cultural symbols of one's spirit or life force. By the 1800s, tattoos became popular among sailors as a way to distinguish themselves. The tattoo process involves choosing a design, making a stencil, tracing the outline and adding shading or color which can take over multiple sessions. Research found that half of people have 1 tattoo while 20% have over 20 tattoos, small tattoos take 1-2 hours while large ones take 8-9 hours
PowerPoint: My Money and Its Development
Money refers to assets that function as a medium of exchange, unit of account, and store of value, while currency is a physical form of money like coins and banknotes used in a particular country. Early civilizations used barter systems and commodity money like gold coins, but these had problems leading to the development of fiat currency not backed by commodities. Modern forms of money include paper currency, credit money in accounts, and digital currencies as society has moved to more abstract representations of value over physical commodities.
A brief history of currency
Bartering was one of the earliest forms of currency, where goods and services were directly exchanged between individuals. Cowrie shells then became prevalent as currency in China around 1200 BC. Around 1000 BC, the Chinese began manufacturing metal currency out of copper and bronze, which evolved into coins. The Greeks, Macedonians and Persians then refined coin making, using precious metals like silver, which became the standard around 500 BC. Paper currency was first developed in China in 118 BC using leather and then paper, but its overuse led to devaluation. Modern concepts of currency continue to change with the rise of electronic payments.
Money, their origin functions. Modern money Part1
This document provides an outline for a paper on the history and functions of money. It begins with an introduction discussing why the history of money is important and how money relates to quality of life. It then covers definitions of money, the origins of money through barter systems, different types of currencies throughout history, how money has evolved, and key functions of money such as being a medium of exchange, store of value, and unit of account. The document concludes with a section on references.
Economy
The document summarizes aspects of the economy in ancient Egypt. It discusses how coins were not used until the 4th century BC and debts were measured in deben, a copper weight. The rich had large homes and fine goods while the poor often worked as laborers or slaves. Jobs ranged from the highly paid Pharaoh to slaves who received no pay. Trade was conducted through bartering goods like grains, papyrus, and rope in exchange for metals, spices, and other items. Researching the Egyptian economy proved easier than anticipated for the author.
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The document discusses various artisans and merchants in Japanese society. It describes five main crafts of artisans: armorsmiths, swordsmiths, carpenters, roofers, and sawyers. Armorsmiths created armor out of materials like bamboo and leather that took over a year to make. Swordsmiths crafted sharp swords using two types of steel. Carpenters, roofers, and sawyers worked closely together to build Japanese houses without nails. Merchants sold a variety of goods and became prosperous as roads and cities grew. They eventually organized into trading guilds called "za" to conduct business.
Informational passages rc money
- Before money was invented, people traded animals and crops for the things they wanted.
- In ancient China, people traded shells, metal tools, and later paper made from deer skin for goods and services.
- The first coins were made of gold and silver around 700 BC in Lydia, located in modern-day Turkey. After Lydia, coin usage spread to Rome, Iran, and Greece.
All About Tattoos
Tattoos have a history of over 5,000 years originating in Eurasia. Some of the earliest tattoos were found on Otzi the Ice Man and were worn by ancient Egyptian priestesses. Pacific Island tattoos became highly intricate cultural symbols of one's spirit or life force. By the 1800s, tattoos became popular among sailors as a way to distinguish themselves. The tattoo process involves choosing a design, making a stencil, tracing the outline and adding shading or color which can take over multiple sessions. Research found that half of people have 1 tattoo while 20% have over 20 tattoos, small tattoos take 1-2 hours while large ones take 8-9 hours
PowerPoint: My Money and Its Development
Money refers to assets that function as a medium of exchange, unit of account, and store of value, while currency is a physical form of money like coins and banknotes used in a particular country. Early civilizations used barter systems and commodity money like gold coins, but these had problems leading to the development of fiat currency not backed by commodities. Modern forms of money include paper currency, credit money in accounts, and digital currencies as society has moved to more abstract representations of value over physical commodities.
A brief history of currency
Bartering was one of the earliest forms of currency, where goods and services were directly exchanged between individuals. Cowrie shells then became prevalent as currency in China around 1200 BC. Around 1000 BC, the Chinese began manufacturing metal currency out of copper and bronze, which evolved into coins. The Greeks, Macedonians and Persians then refined coin making, using precious metals like silver, which became the standard around 500 BC. Paper currency was first developed in China in 118 BC using leather and then paper, but its overuse led to devaluation. Modern concepts of currency continue to change with the rise of electronic payments.
Money, their origin functions. Modern money Part1
This document provides an outline for a paper on the history and functions of money. It begins with an introduction discussing why the history of money is important and how money relates to quality of life. It then covers definitions of money, the origins of money through barter systems, different types of currencies throughout history, how money has evolved, and key functions of money such as being a medium of exchange, store of value, and unit of account. The document concludes with a section on references.
Economy
The document summarizes aspects of the economy in ancient Egypt. It discusses how coins were not used until the 4th century BC and debts were measured in deben, a copper weight. The rich had large homes and fine goods while the poor often worked as laborers or slaves. Jobs ranged from the highly paid Pharaoh to slaves who received no pay. Trade was conducted through bartering goods like grains, papyrus, and rope in exchange for metals, spices, and other items. Researching the Egyptian economy proved easier than anticipated for the author.
Evalution of Money and Banking system
The document discusses the history and evolution of money and banking systems. It begins by describing the barter system where goods and services are directly exchanged. It then outlines some problems with bartering, leading to the development of monetary systems using coins made of precious metals. The document notes the transition to using paper money and the development of modern banking systems where goldsmiths began issuing paper receipts that could be exchanged for gold. It traces the origins of the term "bank" and highlights some key developments in banking in England and the US. Finally, it summarizes different modern banking functions and types of banks.
Evalution of Money and Banking system
The document discusses the history and evolution of money and banking systems. It begins by describing the barter system where goods and services are directly exchanged. It then outlines some limitations of barters systems that led to the development of monetary systems using coins made of precious metals. The document notes the risks of carrying coins which contributed to the introduction of paper money. It traces the origins of modern banking from goldsmiths who issued paper receipts for gold deposits and discusses key developments in banking in England and the US. The roles and functions of banks have expanded over time from basic lending and deposits to various digital banking services.
Facts About Chinese Gold Coins
Chinese gold coins have been used for long-term investments and are valued for their purity, density and resistance to reaction. Originally manufactured in the Chinese state of Chu in a round shape with a square hole, they were inscribed with "Yuan Ying" and are still used as bullion today. Panda coins featuring images of pandas were first issued in 1982 and their designs changed annually until production stopped in 2008. While lower purity than American or Canadian coins, Chinese gold coins are collected worldwide for their historical and artistic significance. Collectors must take precautions to verify the authenticity and credibility of dealers when purchasing online or in markets where fakes have emerged.
Introduction to Money.pptx
Money is a system the exchange of goods in an economy of every country. Using money allows buyers and sellers to pay less in transaction costs, compared to barter trading in history of Human life.
Facts About Chinese Gold Coins
Chinese gold coins have a long history dating back over 2000 years. They were first manufactured in the ancient state of Chu in a round shape with a square hole. Modern Chinese gold coins known as Pandas were first issued as bullion in 1982, featuring images of pandas that changed each year of production. Chinese gold coins are collected internationally due to their historical and cultural significance, though collectors must beware of fakes which can be identified through differences in price and weight from authentic coins.
Money
The document discusses the origin and evolution of money. It begins by explaining that money is anything that serves as a medium of exchange for goods and services that is commonly recognized as having value. Early forms of money included bartering of goods, the use of commodities as money, and metal objects serving as money due to their value. Ancient coins emerged in the 7th century BC as small metal pieces with fixed weights and values bearing official seals. Gold, silver, and copper were the first metals used in coinage due to their rarity and value. Paper money later originated from goldsmith receipts used to make payments. Money has changed forms over time and modern monetary systems are organized around monetary units and regulated by legislation. Money is
History of money
Bartering and commodities like cattle and seeds were some of the earliest forms of money. Cowry shells were used as currency in China in 1200 BC, while metal tools were used as early metal currency in China around 1000 BC. Silver became used as currency imprinted with rulers' faces in 500 BC Turkey. Paper money originated in China between the 9th-15th centuries before disappearing, while gold became the standard currency backed by weight in 1816 Britain and 1900 America. Modern currency has evolved to coins and paper notes, with future forms potentially including payment cards and microchips in jewelry.
Mankind’s relationship with money
Money, in itself, is nothing – it is a symbol. It can be a shell, a metal coin, or a piece of paper with a historic image on it. The value that people place on the symbol has nothing to do with the physical value of money.
Money derives its value by being a medium of exchange, a unit of measurement and a storehouse for wealth.
G7 econs sept
Before money was invented, people used a bartering system to exchange goods and services. Early forms of money included cowry shells in Africa, salt in Rome, and gold and silver jewelry for the Egyptians and Celts. The first coins were minted around 600 BC in Lydia and made from electrum, an alloy of gold and silver. Representative money, backed by gold or silver, was used until the early 20th century when most currencies became fiat money, which is not backed by precious metals but is accepted due to government decree. Electronic money is now commonly used with both advantages like convenience but also disadvantages regarding security.
G6 econs sept
Before money was invented, people used a bartering system to exchange goods and services. Early forms of money included cowry shells in Africa, salt in Rome, and gold and silver jewelry for the Egyptians and Celts. The first coins were minted around 600 BC in Lydia and made from electrum, an alloy of gold and silver. Representative money, backed by gold or silver, was used until the early 20th century when most currencies became fiat money, which is not backed by precious metals but is accepted due to government decree. Electronic money is now commonly used with both advantages like convenience but also disadvantages regarding security.
money's history
Money has evolved over time from barter systems to various forms. Early theories suggest money was created for both trading and social purposes like establishing bride prices. A barter system used exchange of goods for other goods before money. Different types of money developed including commodity money based on valuables like gold/silver, plastic/paper currency, and newer electronic digital money. The document traces the history from shells/livestock in barter to modern currency and concludes that money is now categorized as cash or plastic/digital forms and serves as the main economic base for countries and commerce.
Money 6911 jr
This document provides a high-level overview of various topics related to money, including:
- Debts and credits and how money is used to obtain goods and services.
- How money has evolved from early bartering systems to different forms used in various countries today.
- The basic components and features of coins and paper money, such as materials, images, and security elements.
- How banks make money through lending and charging interest.
Currency
Currency can take many forms and refers to any item that people agree represents value and can be exchanged for goods and services. There are two main types of currency: coins and banknotes. Coins are standardized metal discs issued by a government as legal tender, while banknotes are printed paper money that is a promissory note issued by banks and payable to the bearer. Ancient civilizations used various items as early forms of currency, such as grains, knives, and even human beings before the widespread use of coins and paper money.
Blake gold mining
Blake traveled from Romsey to Mogo goldfields in NSW to start a tailoring business for miners. The journey took 780km by horse and cart. At Mogo, Blake set up his tent and business. However, he soon encountered difficulties like a snake bite infection and lack of supplies. His condition deteriorated and on the 12th day, Blake realized the snake bite was fatal so told the miners he had died. He hoped this would allow his family to be informed of his passing.
Money 2
One: Money has evolved over thousands of years from bartering systems to various commodity forms like salt and metals to the first coins around 600 BC. The modern concept of currency emerged around 2500 years ago with the minting of coins.
Two: As societies grew more complex, bartering limitations drove the need for a standardized monetary system. Various commodities like grains, livestock, and metals were used as early forms of money.
Three: The value of a currency is determined by its demand in the global marketplace. Countries aim to keep their currencies relatively weak to encourage other nations to buy more of their exports, boosting their economies. The US dollar remains strong as many countries use it globally.
the history of money and banking in Southy Africa
The history of money in South Africa began with early indigenous tribes using items like beads, shells, and whale teeth for bartering and as a medium of exchange. Later, iron ingots and pieces became commonly used as money. During colonial times in the 1600s, coins from various European countries circulated. The first paper money, called rix-dollars, was printed in 1782 but rapidly declined in value. Sterling currency from Britain then became more commonly used. In the Transvaal region, gold coins and pounds were minted starting in the late 1800s due to the region's rich gold deposits. Control of minting gradually transferred to the South African government.
Evolution of Money
I’m a young Pakistani Blogger, Academic Writer, Freelancer, Quaidian & MPhil Scholar, Quote Lover, Co-Founder at Essar Student Fund & Blueprism Academia, belonging from Mehdiabad, Skardu, Gilgit Baltistan, Pakistan.
I am an academic writer & freelancer! I can work on Research Paper, Thesis Writing, Academic Research, Research Project, Proposals, Assignments, Business Plans, and Case study research.
Expertise:
Management Sciences, Business Management, Marketing, HRM, Banking, Business Marketing, Corporate Finance, International Business Management
For Order Online:
Whatsapp: +923452502478
Portfolio Link: https://blueprismacademia.wordpress.com/
Email: arguni.hasnain@gmail.com
Follow Me:
Linkedin: arguni_hasnain
Instagram : arguni.hasnain
Facebook: arguni.hasnain
MONEY -- 1.pdf
The document discusses the evolution of money from early commodity forms like animal skins to modern electronic money. It outlines 5 stages: 1) Commodity money using goods for barter had problems with storage, durability, transport, and divisibility. 2) Metallic coins solved some issues but introduced problems with weighing value. 3) Paper money originated as goldsmith receipts and evolved into various forms issued by governments and banks. 4) Credit money includes instruments like checks and drafts offered by banks. 5) Electronic money refers to digital exchanges using computer networks and stored value systems. Each new form aimed to overcome limitations of prior systems.
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The document discusses the history of currency and money exchange. It explains that before currency, people used to barter and exchange goods like sheep and knives. Traders preferred precious metals like gold and silver. The Lydians invented coins around 2600 years ago and were the first to imprint images on coins to represent their place of origin. The Romans paid soldiers partly in salt, which was very valuable. The Chinese created the first paper money around 1500 years ago when they ran low on metals for coins. However, paper money did not become common in Europe until around 1700.
History ofmoney
The document traces the history of money from its origins in barter systems to modern currencies. It discusses how livestock and commodities like cowry shells were some of the earliest forms of money. Coins made of precious metals like silver emerged around 500 BC in places like Libya and Turkey. Paper money was first developed in China and later adopted in Europe. Modern currencies have evolved from coins and banknotes to include electronic payments and credit cards.
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Evalution of Money and Banking system
The document discusses the history and evolution of money and banking systems. It begins by describing the barter system where goods and services are directly exchanged. It then outlines some problems with bartering, leading to the development of monetary systems using coins made of precious metals. The document notes the transition to using paper money and the development of modern banking systems where goldsmiths began issuing paper receipts that could be exchanged for gold. It traces the origins of the term "bank" and highlights some key developments in banking in England and the US. Finally, it summarizes different modern banking functions and types of banks.
Evalution of Money and Banking system
The document discusses the history and evolution of money and banking systems. It begins by describing the barter system where goods and services are directly exchanged. It then outlines some limitations of barters systems that led to the development of monetary systems using coins made of precious metals. The document notes the risks of carrying coins which contributed to the introduction of paper money. It traces the origins of modern banking from goldsmiths who issued paper receipts for gold deposits and discusses key developments in banking in England and the US. The roles and functions of banks have expanded over time from basic lending and deposits to various digital banking services.
Facts About Chinese Gold Coins
Chinese gold coins have been used for long-term investments and are valued for their purity, density and resistance to reaction. Originally manufactured in the Chinese state of Chu in a round shape with a square hole, they were inscribed with "Yuan Ying" and are still used as bullion today. Panda coins featuring images of pandas were first issued in 1982 and their designs changed annually until production stopped in 2008. While lower purity than American or Canadian coins, Chinese gold coins are collected worldwide for their historical and artistic significance. Collectors must take precautions to verify the authenticity and credibility of dealers when purchasing online or in markets where fakes have emerged.
Introduction to Money.pptx
Money is a system the exchange of goods in an economy of every country. Using money allows buyers and sellers to pay less in transaction costs, compared to barter trading in history of Human life.
Facts About Chinese Gold Coins
Chinese gold coins have a long history dating back over 2000 years. They were first manufactured in the ancient state of Chu in a round shape with a square hole. Modern Chinese gold coins known as Pandas were first issued as bullion in 1982, featuring images of pandas that changed each year of production. Chinese gold coins are collected internationally due to their historical and cultural significance, though collectors must beware of fakes which can be identified through differences in price and weight from authentic coins.
Money
The document discusses the origin and evolution of money. It begins by explaining that money is anything that serves as a medium of exchange for goods and services that is commonly recognized as having value. Early forms of money included bartering of goods, the use of commodities as money, and metal objects serving as money due to their value. Ancient coins emerged in the 7th century BC as small metal pieces with fixed weights and values bearing official seals. Gold, silver, and copper were the first metals used in coinage due to their rarity and value. Paper money later originated from goldsmith receipts used to make payments. Money has changed forms over time and modern monetary systems are organized around monetary units and regulated by legislation. Money is
History of money
Bartering and commodities like cattle and seeds were some of the earliest forms of money. Cowry shells were used as currency in China in 1200 BC, while metal tools were used as early metal currency in China around 1000 BC. Silver became used as currency imprinted with rulers' faces in 500 BC Turkey. Paper money originated in China between the 9th-15th centuries before disappearing, while gold became the standard currency backed by weight in 1816 Britain and 1900 America. Modern currency has evolved to coins and paper notes, with future forms potentially including payment cards and microchips in jewelry.
Mankind’s relationship with money
Money, in itself, is nothing – it is a symbol. It can be a shell, a metal coin, or a piece of paper with a historic image on it. The value that people place on the symbol has nothing to do with the physical value of money.
Money derives its value by being a medium of exchange, a unit of measurement and a storehouse for wealth.
G7 econs sept
Before money was invented, people used a bartering system to exchange goods and services. Early forms of money included cowry shells in Africa, salt in Rome, and gold and silver jewelry for the Egyptians and Celts. The first coins were minted around 600 BC in Lydia and made from electrum, an alloy of gold and silver. Representative money, backed by gold or silver, was used until the early 20th century when most currencies became fiat money, which is not backed by precious metals but is accepted due to government decree. Electronic money is now commonly used with both advantages like convenience but also disadvantages regarding security.
G6 econs sept
Before money was invented, people used a bartering system to exchange goods and services. Early forms of money included cowry shells in Africa, salt in Rome, and gold and silver jewelry for the Egyptians and Celts. The first coins were minted around 600 BC in Lydia and made from electrum, an alloy of gold and silver. Representative money, backed by gold or silver, was used until the early 20th century when most currencies became fiat money, which is not backed by precious metals but is accepted due to government decree. Electronic money is now commonly used with both advantages like convenience but also disadvantages regarding security.
money's history
Money has evolved over time from barter systems to various forms. Early theories suggest money was created for both trading and social purposes like establishing bride prices. A barter system used exchange of goods for other goods before money. Different types of money developed including commodity money based on valuables like gold/silver, plastic/paper currency, and newer electronic digital money. The document traces the history from shells/livestock in barter to modern currency and concludes that money is now categorized as cash or plastic/digital forms and serves as the main economic base for countries and commerce.
Money 6911 jr
This document provides a high-level overview of various topics related to money, including:
- Debts and credits and how money is used to obtain goods and services.
- How money has evolved from early bartering systems to different forms used in various countries today.
- The basic components and features of coins and paper money, such as materials, images, and security elements.
- How banks make money through lending and charging interest.
Currency
Currency can take many forms and refers to any item that people agree represents value and can be exchanged for goods and services. There are two main types of currency: coins and banknotes. Coins are standardized metal discs issued by a government as legal tender, while banknotes are printed paper money that is a promissory note issued by banks and payable to the bearer. Ancient civilizations used various items as early forms of currency, such as grains, knives, and even human beings before the widespread use of coins and paper money.
Blake gold mining
Blake traveled from Romsey to Mogo goldfields in NSW to start a tailoring business for miners. The journey took 780km by horse and cart. At Mogo, Blake set up his tent and business. However, he soon encountered difficulties like a snake bite infection and lack of supplies. His condition deteriorated and on the 12th day, Blake realized the snake bite was fatal so told the miners he had died. He hoped this would allow his family to be informed of his passing.
Money 2
One: Money has evolved over thousands of years from bartering systems to various commodity forms like salt and metals to the first coins around 600 BC. The modern concept of currency emerged around 2500 years ago with the minting of coins.
Two: As societies grew more complex, bartering limitations drove the need for a standardized monetary system. Various commodities like grains, livestock, and metals were used as early forms of money.
Three: The value of a currency is determined by its demand in the global marketplace. Countries aim to keep their currencies relatively weak to encourage other nations to buy more of their exports, boosting their economies. The US dollar remains strong as many countries use it globally.
the history of money and banking in Southy Africa
The history of money in South Africa began with early indigenous tribes using items like beads, shells, and whale teeth for bartering and as a medium of exchange. Later, iron ingots and pieces became commonly used as money. During colonial times in the 1600s, coins from various European countries circulated. The first paper money, called rix-dollars, was printed in 1782 but rapidly declined in value. Sterling currency from Britain then became more commonly used. In the Transvaal region, gold coins and pounds were minted starting in the late 1800s due to the region's rich gold deposits. Control of minting gradually transferred to the South African government.
Evolution of Money
I’m a young Pakistani Blogger, Academic Writer, Freelancer, Quaidian & MPhil Scholar, Quote Lover, Co-Founder at Essar Student Fund & Blueprism Academia, belonging from Mehdiabad, Skardu, Gilgit Baltistan, Pakistan.
I am an academic writer & freelancer! I can work on Research Paper, Thesis Writing, Academic Research, Research Project, Proposals, Assignments, Business Plans, and Case study research.
Expertise:
Management Sciences, Business Management, Marketing, HRM, Banking, Business Marketing, Corporate Finance, International Business Management
For Order Online:
Whatsapp: +923452502478
Portfolio Link: https://blueprismacademia.wordpress.com/
Email: arguni.hasnain@gmail.com
Follow Me:
Linkedin: arguni_hasnain
Instagram : arguni.hasnain
Facebook: arguni.hasnain
MONEY -- 1.pdf
The document discusses the evolution of money from early commodity forms like animal skins to modern electronic money. It outlines 5 stages: 1) Commodity money using goods for barter had problems with storage, durability, transport, and divisibility. 2) Metallic coins solved some issues but introduced problems with weighing value. 3) Paper money originated as goldsmith receipts and evolved into various forms issued by governments and banks. 4) Credit money includes instruments like checks and drafts offered by banks. 5) Electronic money refers to digital exchanges using computer networks and stored value systems. Each new form aimed to overcome limitations of prior systems.
PPP Model
The document discusses the history of currency and money exchange. It explains that before currency, people used to barter and exchange goods like sheep and knives. Traders preferred precious metals like gold and silver. The Lydians invented coins around 2600 years ago and were the first to imprint images on coins to represent their place of origin. The Romans paid soldiers partly in salt, which was very valuable. The Chinese created the first paper money around 1500 years ago when they ran low on metals for coins. However, paper money did not become common in Europe until around 1700.
History ofmoney
The document traces the history of money from its origins in barter systems to modern currencies. It discusses how livestock and commodities like cowry shells were some of the earliest forms of money. Coins made of precious metals like silver emerged around 500 BC in places like Libya and Turkey. Paper money was first developed in China and later adopted in Europe. Modern currencies have evolved from coins and banknotes to include electronic payments and credit cards.
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We’ll show you how to fix common misconfigurations that cause higher-than-expected user counts, and how to identify accounts which you can deactivate to save money. There are also frequent patterns that can cause unnecessary cost, like using a person document instead of a mail-in for shared mailboxes. We’ll provide examples and solutions for those as well. And naturally we’ll explain the new licensing model.
Join HCL Ambassador Marc Thomas in this webinar with a special guest appearance from Franz Walder. It will give you the tools and know-how to stay on top of what is going on with Domino licensing. You will be able lower your cost through an optimized configuration and keep it low going forward.
These topics will be covered
- Reducing license cost by finding and fixing misconfigurations and superfluous accounts
- How do CCB and CCX licenses really work?
- Understanding the DLAU tool and how to best utilize it
- Tips for common problem areas, like team mailboxes, functional/test users, etc
- Practical examples and best practices to implement right away
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Economics Unit / Bartering
- 1. What is Bartering? STRIDE ECONOMICS UNIT
- 2. No Money? It's hard to imagine our world without money, isn't it? A long time ago there were no coins. There was no such thing as money. Before money was invented people had to get their food, clothing and other needs by trading things.
- 3. A special kind of trading… There is a special name for this kind of trading, it is called bartering. Bartering is the exchange of goods and services without the use of money.
- 4. Why do people barter? People traded some of the things they didn't need for things they wanted or needed. Even then people had different jobs and skills. The good hunter might trade 10 rabbits to the carpenter for the carpenter's promise to fix his roof.
- 5. What was traded? All sorts of things could be used as money if people agreed on their value and accepted them in trade. In some places you could always make a trade if you had a cow.
- 6. Salt was valuable. Salt was hard to find and very valuable to people. Everybody wanted salt to flavor and preserve their food. So salt was used for money. In ancient Rome the soldiers were paid with salt.
- 7. Do you have what someone wants? The main disadvantage of barter is that it requires a double coincidence of wants. Both people have to have what the other one wants and be willing to swap with each other. This caused people to develop a standard for value of items. One example was called wampum.
- 8. What is wampum? Wampum were beads usually made from the Northern Quahog, a hard-shell clam.
- 9. Metal as Money Because beads broke and goods often spoiled, people began using metal for money. They used copper, iron, bronze, gold and silver. Metal wouldn't get sick, spoil, or break.
- 10. Metal for money Metal could be carried around much easier than a cow or sacks of grain! In the beginning people used lumps of metal, chunks of metal, and metal in all shapes and sizes. The heavier the piece of metal was, the more you could buy with it.
- 11. Money, money, money!!! People decided to weigh a piece of metal once and make a mark on it that told how much it weighed. Then the metal would not have to be weighed every time it was traded. Now everyone could look at the piece of metal and see how much it was worth. Pieces of metal that were weighed and marked this way were the first coins.
- 12. Are there problems with bartering? ?’s to ponder while working in your paper hat company: What happened when you had something to trade but nobody wanted it? What happened if the traders couldn't agree on what was a fair trade?
- 13. Resources Econopolishttp://library.thinkquest.org/3901/ Wampum Works http://history.howstuffworks.com/native-american-history/wampum.htm Bartering for Goods http://fi.edu/pieces/knox/barter.htm Google Images