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The case talked about money, what type(s) of money islare mentioncd in the case? Bone money O Commodity money O Rat moncy and good money O Digital moncy O Commodity and fiat moncy

The case talked about money, what type(s) of money islare mentioncd in the case? Bone money O Commodity money O Rat moncy and good money O Digital moncy O Commodity and fiat moncy

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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The Great Swedish Warrior that Never Lived Hog Sverige! Hog Sverige!! Hog Sverige!!! Noise envelopes the forest. 15,000 soldiers of Osson had gathered to celebrate the fall of Odense. Singing and celebrating during the cold winter of 1230 AD. Osson was a great Swedish warrior who reigned between 1230 AD and 1275 AD. At the war front, he was fearless, energetic, and brutal. His followers called him the great bear. In 1232, Osson and his soldiers dared the cold winter and invaded Vaasa in today's Finland. It was a huge task for Osson and his men because the Finns lived on the mountains. They could detect invasion easily. After three days of wars, Osson conquered Vaasa and his men looted all goods and assets available. On their way back to Sweden, a tragedy struck. They entered Vaasa by canoes. When they got back to the Baltic Sea, a tsunami had destroyed all their canoes. Swimming was not an option. Osson and his men wandered in the forest until he found a small village. He asked for the villagers help. They agreed to help him if he signs a treaty not to invade Finland again. Osson agreed and gave the villagers a lot of furs, clothing, and pepper. The villagers built 800 ships for Osson. Without the Finns knowledge, they had just made Osson another weapon of invasion. On his return to Sweden, Osson organized his men. They were trained on swords, archers, and fire artillery, To boost their psyche, they were trained on retreat strategies, collective defense, and how to cope with changing weather. Knowing that he needed iron to build artilleries, in 1236, Osson approached Germania for irons. Germania then was the land of the Barbarians. They were fiercely known for metal made artilleries. An average Barbarian makes ten arrows in five hours and a Swede will make two arrows in five hours. Swedes were known for their skills in fur blankets. They live in one of the coldest part of Europe. On average, a Swede will make 20 fur blankets in five hours while a Barbarian makes four fur blankets. The Barbarians asked Osson to pay with Germania bear bone. Trade between Germania and Sweden increased to record high in 1240. By this time, polar bear bones were used in major cities of Europe. In 1245, Germania asked Sweden if they could only produce fur blankets while they produce only irons. A treaty was signed and both countries produced only one good. By 1246, Osson had stockpiled enough irons. He wagod an aggressive war against all cities excluding Vaasa. By 1249, his empire had stretched from Umea in today's Sweden to Bergen in Norway. He drove the Barbarians further to Southerm Alps of today's France. By 1255, Osson had achieved his dream of becoming the most powerful known man of his time. In the winter of 1257, Osson planned to capture Rome. His army entered Rome in the spring of 1258. As they entered the Emperor's palace, Osson met the daughter of Emperor Laximus. He fell in love with her and askod for her hand in marriage in return of Rome to the Emperor. The Emperor agreod and Osson and his men withdrew on the agreement that Rome becomes an autonomous part of Sweden. Osson had increased his empire from the North to the Southern part of Europe. He mandated all cities in Europe to use the bone of the Swedish polar bear for buying and selling. The bones became a medium of commercial transactions. He elected one of his close associates named Emesson to head the production of the bones. By 1265, Osson wanted to extend his empire to Persia. However, he had fewer resources to wage a war against a more coordinated, rich, Persian Sheikh. colonies. By 1267, Osson has amassed huge resources, but the economic growth slowed down. Many people became poor. Many cities across Europe looked up to Osson for leadership or they will revert to being autonomous. Osson promised to implement new policies. Osson increased taxes for all his Despite the slow economy, Osson was preparing for a great war against the Persians. He had spent huge resources in making spears, blades, and fire artillery. In 1267, Osson organized his stroug amy of 315 thousand men and women figlt Peisia As they got to the war fiont, Osson army formed a line. The time had come. The time for honor and glory, as they screamed and race towards the Persian, my alarm rang! I woke up. My televiaion has been on for more than five hours. I had slept off while watching the movie titled 300, the blockbuster movie directed by Zack Snyder.
Transcribed Image Text:The Great Swedish Warrior that Never Lived Hog Sverige! Hog Sverige!! Hog Sverige!!! Noise envelopes the forest. 15,000 soldiers of Osson had gathered to celebrate the fall of Odense. Singing and celebrating during the cold winter of 1230 AD. Osson was a great Swedish warrior who reigned between 1230 AD and 1275 AD. At the war front, he was fearless, energetic, and brutal. His followers called him the great bear. In 1232, Osson and his soldiers dared the cold winter and invaded Vaasa in today's Finland. It was a huge task for Osson and his men because the Finns lived on the mountains. They could detect invasion easily. After three days of wars, Osson conquered Vaasa and his men looted all goods and assets available. On their way back to Sweden, a tragedy struck. They entered Vaasa by canoes. When they got back to the Baltic Sea, a tsunami had destroyed all their canoes. Swimming was not an option. Osson and his men wandered in the forest until he found a small village. He asked for the villagers help. They agreed to help him if he signs a treaty not to invade Finland again. Osson agreed and gave the villagers a lot of furs, clothing, and pepper. The villagers built 800 ships for Osson. Without the Finns knowledge, they had just made Osson another weapon of invasion. On his return to Sweden, Osson organized his men. They were trained on swords, archers, and fire artillery, To boost their psyche, they were trained on retreat strategies, collective defense, and how to cope with changing weather. Knowing that he needed iron to build artilleries, in 1236, Osson approached Germania for irons. Germania then was the land of the Barbarians. They were fiercely known for metal made artilleries. An average Barbarian makes ten arrows in five hours and a Swede will make two arrows in five hours. Swedes were known for their skills in fur blankets. They live in one of the coldest part of Europe. On average, a Swede will make 20 fur blankets in five hours while a Barbarian makes four fur blankets. The Barbarians asked Osson to pay with Germania bear bone. Trade between Germania and Sweden increased to record high in 1240. By this time, polar bear bones were used in major cities of Europe. In 1245, Germania asked Sweden if they could only produce fur blankets while they produce only irons. A treaty was signed and both countries produced only one good. By 1246, Osson had stockpiled enough irons. He wagod an aggressive war against all cities excluding Vaasa. By 1249, his empire had stretched from Umea in today's Sweden to Bergen in Norway. He drove the Barbarians further to Southerm Alps of today's France. By 1255, Osson had achieved his dream of becoming the most powerful known man of his time. In the winter of 1257, Osson planned to capture Rome. His army entered Rome in the spring of 1258. As they entered the Emperor's palace, Osson met the daughter of Emperor Laximus. He fell in love with her and askod for her hand in marriage in return of Rome to the Emperor. The Emperor agreod and Osson and his men withdrew on the agreement that Rome becomes an autonomous part of Sweden. Osson had increased his empire from the North to the Southern part of Europe. He mandated all cities in Europe to use the bone of the Swedish polar bear for buying and selling. The bones became a medium of commercial transactions. He elected one of his close associates named Emesson to head the production of the bones. By 1265, Osson wanted to extend his empire to Persia. However, he had fewer resources to wage a war against a more coordinated, rich, Persian Sheikh. colonies. By 1267, Osson has amassed huge resources, but the economic growth slowed down. Many people became poor. Many cities across Europe looked up to Osson for leadership or they will revert to being autonomous. Osson promised to implement new policies. Osson increased taxes for all his Despite the slow economy, Osson was preparing for a great war against the Persians. He had spent huge resources in making spears, blades, and fire artillery. In 1267, Osson organized his stroug amy of 315 thousand men and women figlt Peisia As they got to the war fiont, Osson army formed a line. The time had come. The time for honor and glory, as they screamed and race towards the Persian, my alarm rang! I woke up. My televiaion has been on for more than five hours. I had slept off while watching the movie titled 300, the blockbuster movie directed by Zack Snyder.
The case talked about money, what type(s) of money islare mentioncd in the case? O Bone money O Commodity money Fiat money and good money O Digital money Commodity and fiat money
Transcribed Image Text:The case talked about money, what type(s) of money islare mentioncd in the case? O Bone money O Commodity money Fiat money and good money O Digital money Commodity and fiat money
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