Barter

The Silk Road, extending over 4,000 miles, was a large network of trade routes used in ancient times for centuries to exchange different goods, materials, ideas, and several other different things; good and bad. The Silk Road routes stretched from China through India, Asia Minor, up throughout Mesopotamia, to Egypt, the African continent, Greece, Rome, and Britain1. Silk was very sought after in ancient times, and was only produced in China. The Chinese had kept the secret of silk-making for…

Commerce was slow to develop, and barter was conducted until the twelfth century, when metal coins became popular. Taxes were paid in grain. Paper, iron casting, and porcelain emerged in markets during the Kamakura period. Although Japan remained a primarily agricultural society, it was…

be exchanged electronically. But coins were the commonest medium for money in the past and continue to be in much of the world today. Even the United States has re-introduced a dollar coin. At the start of the Republic, Romans were still using the barter system, and cattle -- pecus -- were the standard of exchange. In fact, it was from pecus that the Latin word for money, pecunia, was derived. Eventually pieces of bronze became an additional form of exchange. These chunks of bronze were called…

Yeltsin’s Failures in Shock Therapy Market Transition “We have defended political freedom. Now we have to give economic [freedom], to remove all barriers to the freedom of enterprises and entrepreneurship, to give people possibilities to work and receive as much as they earn.” – Boris Yeltsin (Brady, p.11) During the early stages of the formation of the Russian Federation under Boris Yeltsin, the economic changes and turmoil reached a critical turning point. The pressure to have rapid…

physical properties. For example, there are many economical transactions, in which you can pay £10 with a bank note, with other low denomination bank notes, with coins, or with debit or credit cards, or even in a more obscure and abstract ways, like barter. Likewise, a mental property cannot be reduced to a single physical property. This has been the problem of the reductive approach: in the case of the mind; for example, Identity theory (Place, 1956, Smart 1959) suggests that the mental is just…

The Mbuti Pygmies and the Naciremas: Their Differences and Similarities Anthropology, or rather, cultural anthropology has placed a great deal of focus knowing the culture, tradition and the social norm in many different societies. Since it gives the insight of others’ traditions, beliefs and what they perceive as normal. It is also important to acknowledge the similarities and differences between one and the next. A particular example is that of the Naciremas and the Mbuti Pygmies. As there…

Music therapy is the one of the most important study field in the today’s medicine. It through utilizes the sound frequencies and rhythm to treat patient as physical therapy. Different types of music have different function for the patients during their treatment. In the article entitled Music as Medicine post in November 2013, Amy Novotney express how music therapy can improve patients’ health and state a series of function of music in the current medical. This essay will explore that music…

Whenever purchasing a used gun, the soon to be owner normally asks, what weapon will keep its value? Should I have it shipped or buy it at a gun show? What’s a fair price for a weapon? How much use is too much? If you buy a used weapon, it will lower the price, but it will come with a few flaws. If it’s a bad weapon, you will lose money, damage a weapon or injure yourself. If it’s a good buy, you can invest a small amount of money or tools into it and have a good weapon. Some enthusiasts enjoy…

Violence in teenage relationships is a serious epidemic that is not being taken seriously as it should be. Violence in a relationship is defined when a person uses aggression or threat of violence on their partner who they are currently with. While the government is taking steps and passing laws to protect the safety of adolescence, the problem is still not getting the support and attention it should be receiving. It is estimated that at least twenty-eight percent of dating individuals will…

Back in the days, there were a lot of explorers whether they were trying to find riches or spread religion. Every explorer had different reasons for their voyages. For example, Christopher Columbus travelled west to spread his religion in India, but ended up to America and met Native Americans. On the other hand, Hernan Cortes had a selfish reason for his voyage and wanted to get the world’s riches and let greed consume him. Two traveler and they were both faced with different situations. In…