2006-11-25 18:21:33 · 3 answers · asked by Angry dude 2 in Social Science ➔ Economics
Commerce. Acquisition of additional wealth through commerce.
2006-11-25 18:32:24 · answer #1 · answered by Anonymous · 2⤊ 0⤋
Printing money whenever they want to, with nothing to back it up, is not a way to develop a country, but only a way to develop inflation. If a country has adequate reserves of gold or silver to back up its currency, then the way it develops is with wealth production. Wealth is not paper; it is gold, silver, oil, manufactured goods, information, educated citizens, ideas, art, literature -- it is all the things that are purchased with money, not the money itself. The money is just a symbol.
2006-11-26 02:34:35 · answer #2 · answered by auntb93again 7 · 1⤊ 0⤋
They trade other things. Gold, silver, stones, chickens, whatever.
2006-11-26 02:23:07 · answer #3 · answered by Rika Ishikawa 3 · 0⤊ 0⤋