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What Did the Introduction of Maize and the Potato Represent

question 32

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What did the introduction of maize and the potato represent for Eastern Europe?


Definitions:

Traveler's Checks

Preprinted, fixed-amount checks designed to allow the person signing it to make an unconditional payment to someone else as a result of having paid for that privilege.

Saving Deposits

Accounts held at financial institutions that pay interest but typically have restrictions on withdrawals.

M1

A category of the money supply that includes all physical currency and coin, demand deposits, traveler's checks, and other checkable deposits.

Open-Market Purchase

The buying of securities and other financial assets by a central bank from the market to increase the money supply and lower interest rates.

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