Origin and Evolution of Money Barter Money‚ as we know it today‚ is the result of a long process. At the beginning‚ there was no money. People engaged in barter‚ the exchange of merchandise for merchandise‚ without value equivalence. Then‚ a person catching more fish than the necessary for himself and his group‚ exchanged his excess fish for the surplus of another person who‚ for instance‚ had planted and harvested more corn that what he would need. This elementary
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How to detect counterfeit money On a day to day basis we are constantly dealing with cash‚ most of the time we do not even stop to pay attention to the details and markings that are on these many bills. In fact‚ it is a good chance that maybe; you are holding a counterfeited bill. Counterfeiting money is one of the oldest crimes in history. During the Civil War‚ it is estimated nearly one-third of all currency circulating around the United States‚ was counterfeited. In the next four to six minutes
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Pre-Scenario Discussion: One of Andragogy’s five assumptions of adult learning is that adult learners have accumulated a great deal of experience‚ which is a rich resource for learning. (Kaufman‚ D. M.‚ 2003) Reflective Practice tells us that learners can reflect both “in action” and “on action” meaning that they can gain insight both during a new encounter from their previous experiences and also by analysing an event after it has occurred. (Wang‚ E.E.‚ 2011) With this in mind‚ we as educators should
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MONEY AND BANKING CONTENTS What is MONEY? 3 Characteristics of money 3 Measurements of money 4 Money and the economy 6 Relationship between Prices and Inflation 6 Why Money Supply Matters 7 Banking 8 General History 8 History in United States 8 Banking basics 9 Other Financial Institutions 9 International Banks 10 Structure of banking industry in U.S. 10 Interest Rates 11 Banking Business 11 Liquidity management by banks 11 Multiple Deposit Creation 14 Banking services 16
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Chapter 1: Introduction Background of the study Money‚ Its History and How It Evolved Ever since trading began‚ money existed‚ thus‚ it can be said that money and trading co-exists. The earliest form of money is actually very different from what we are using nowadays in this modern world. The history of money begins around 2500 years ago. Money is any clearly identifiable object of value that is generally accepted as payment for goods and services and repayment of debts within a market or which
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perception of people towards plastic money. Secondary objectives:- •To know the importance of plastic money in the daily life of consumers’ W.R.T credit and debit cards. •To study the benefits of debit card and credit cards. •To find out the market leader among the various banks/companies issuing credit and debit cards •To know the problems faced by respondents using plastic money. •To study the satisfaction level of consumers towards plastic money. NEED AND SCOPE OF THE STUDY
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Scenario I A business professional wants to use Microsoft® Excel® to organize data for the monthly expense report. He has never used Microsoft® Excel® and is inquiring about the functions that would support him with this task. General Approach Make sure I understand what the user intends to do and what version of Excel the customer is using. Challenges to situation The challenge in this situation is that the user wants to use a program that is new to him. I will have to explain to the user the
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NewCorp Scenarios Most organizations do not have legal counsel on staff‚ and therefore must rely on business managers who are knowledgeable in employment laws and compliance regulations‚ and have the ability to identify violations of specific laws and regulations‚ as well as make recommendations to mitigate liabilities that may result from the violations. This week’s assignment outlines three different workplace scenarios of NewCorp‚ which require team members to identify the
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1. Is “The Money Doctors” a partnership‚ and if so‚ who are the partners? Main Issue: To identify if “The Money Doctors” is a partnership and if so‚ who are the partners of the business. Relevant Law: Partnership is the relation which subsists between persons carrying on a business in common with a view of profit. There are four conditions in which all must be satisfy are the followings: Agreement Partnership relationship may be formed by deed‚ in writing‚ verbally and lastly by inference
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Network Consultant Scenario IT 240 July 1st‚ 2011 Network Consultant Scenario The answer I selected was C‚ because solution that was proposed does not achieve the required results but does achieve one of the optional results. CAT 5 UTP cables being installed to the current networks will not satisfy the any of the results required or optional. The hub should be replaced by a switch which can support the speeds that some of the equipment can handle in this case is upwards of 100 mbps due
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