A Common Trait of Money Through History and Across Cultures

question 70

Multiple Choice

A common trait of money through history and across cultures is that money

• A) was always issued by the local government.
• B) was always based on gold or some other precious commodity.
• C) was always fiat money.
• D) was always generally accepted as a means of payment.
• E) always had mystical properties.

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Definitions:

Knights of Labor

An influential labor organization in the late 19th century in the United States that aimed to protect and fight for workers' rights.

Skilled Craftsmen

Workers who have specialized in a particular trade or craft through extensive training and experience.

Industrial Workers

Individuals who are employed in sectors related to manufacturing, construction, and production, often involving manual labor.

American Federation of Labor

A prominent federation of labor unions in the United States, founded in 1886, which aimed to organize workers in skilled trades.