Suppose that the cost of a loaf of bread in zanadoo is 20 shillings, and this represents a full day’s wages for the typical factory worker. The 20 shillings represents a value, whereas the loaf of bread costing a full day’s wage represents a value.

Currently the shilling is used as a forex in five east African countries: Kenya, Tanzania, Uganda, Somalia, as nicely as the de facto united states of america of Somaliland. The East African Community moreover plans to introduce an East African shilling.

Why is pound referred to as pound?

Its name derives from the Latin word "poundus" meaning "weight". The £ symbol comes from an ornate L in Libra. The pound was once a unit of foreign money as early as 775AD in Anglo-Saxon England, equivalent to 1 pound weight of silver. This used to be a massive fortune in the 8th century.

Learn more about pound and shillings here:

Suppose that the cost of a loaf of bread in zanadoo is 20 shillings, and this represents a full day’s wages for the typical factory worker. The 20 shillings represents a value, whereas the loaf of bread costing a full day’s wage represents a value.

Respuesta :

Are shillings nevertheless used?

Why is pound referred to as pound?

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Otras preguntas

Suppose that the cost of a loaf of bread in zanadoo is 20 shillings, and this represents a full day’s wages for the typical factory worker. The 20 shillings represents a ____ value, whereas the loaf of bread costing a full day’s wage represents a ____ value.

Respuesta :

Are shillings nevertheless used?

Why is pound referred to as pound?

https://brainly.com/question/2603463

#SPJ4

Otras preguntas

Suppose that the cost of a loaf of bread in zanadoo is 20 shillings, and this represents a full day’s wages for the typical factory worker. The 20 shillings represents a value, whereas the loaf of bread costing a full day’s wage represents a value.