The 2-Minute Rule for Technology

These illustrations are programmatically compiled from many online resources As an example present-day usage of your word 'money.' Any thoughts expressed inside the illustrations usually do not characterize People of Merriam-Webster or its editors. Mail us opinions about these examples.

But anything need not have intrinsic worth to serve as money. Fiat money is money that some authority, usually a federal government, has purchased to generally be recognized like a medium of exchange.

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Why Are Planets Spherical? There are a lot of Odd factors while in the universe, so why are planets round instead of each condition imaginable?

Money Being a Retailer of Value Money's usefulness as a medium of exchange in transactions is inherently potential-oriented. As such, it offers a way to retail outlet a financial benefit to be used in the future with no owning that price deteriorate.

refers to discrete sums of money attained from a particular source or allocated to a selected result in, the term is usually pluralized as moneys

That will be Apple’s first these types of offer if it closes ahead of the corporate sets up very similar agreements with Google or Anthropic.

Commodity money is money which has benefit apart from its use as money. Mackerel in federal prisons is an illustration of commodity money. Mackerel can be accustomed to get companies from other prisoners; they is also eaten.

PR government at Chinese tech firm Baidu apologizes for remarks observed as glorifying overwork A prime public relations executive from Chinese technology company Baidu has apologized soon after she designed feedback that were observed as glorifying a culture of overwork. [deltaMinutes] mins back Now  

In intervals of quick inflation, people today might not want to count on money as a shop of worth, and They could convert to commodities for example land or gold rather.

Money As being a Device of Account Because of money's use being a medium of Trade for getting and advertising and as a price indicator for all sorts of items and expert services, money can be employed being a unit of account.

But Even though this enhancement has occurred and continues to be occurring, it is not intrinsic to the nature of technology that this type of means of accumulation ought to occur, and it's undoubtedly not been an inescapable improvement. The fact that numerous societies have remained stagnant for very long periods of time, even at fairly formulated stages of technological evolution, and that some have in click here fact regressed and lost the accrued tactics passed on to them, demonstrates the ambiguous character of technology and the vital worth of its partnership with other social factors.

That’s opening up new prospects, from landslide warnings to shipping robots and self-driving cars that could properly navigate streets.

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