Examlex

Solved

The Development of Organized Religion Pulled Lawmaking Power Away from Kings

question 23

Multiple Choice

The development of organized religion pulled lawmaking power away from kings because ______.


Definitions:

Managed Float

A currency exchange rate policy where a currency's value is allowed to fluctuate in response to foreign exchange market mechanisms, but the central bank may intervene to stabilize the currency if necessary.

Managed Floating

An exchange rate system where a country's currency value is allowed to fluctuate in response to foreign-exchange market mechanisms, but the central bank can intervene to prevent extreme fluctuations.

Bretton Woods System

A monetary management system established post-World War II, which set up rules for commercial and financial relations among major industrial states.

Related Questions