Why is having a medium of exchange important

Answers

Answer 1
A medium of exchange is a means of facilitating trade by allowing people to exchange goods and services without having to barter directly. It is an important feature of any economy, as it allows people to specialize in the production of certain goods and services, knowing that they can use the medium of exchange to obtain other goods and services they need or want.

Having a medium of exchange has several advantages:

It reduces the time and effort needed to make exchanges, as people do not have to negotiate terms of trade directly with each other.
It allows for more efficient resource allocation, as people can more easily obtain the goods and services they need to survive and thrive.
It allows for the development of more complex economic systems and the growth of trade and commerce.
It promotes economic stability, as the medium of exchange serves as a store of value that can be used to make purchases at a later time.

Related Questions

Describing Name two types of dwellings for which the Ancient Puebloans are known.

Answers

They lived in family pit houses, grand pueblos such as the great houses of Chetro Ketl and Pueblo Bonito, and cliff-sited dwellings for defense.

How did the expansion if trade lead to the developments if banks

Answers

Answer:

It was a prosperous time for shipbuilders, banks, and importers. Because of their role in the slave trade, cities such as Bristol and Liverpool flourished. Enslaved people were transported from West Africa to the Caribbean by new companies, such as the Royal African Company. Sugar plantations in the West Indies

Explanation:

Write three to five sentences explaining which levels of production provide Alonzo’s Cycling with the maximum profit.

Answers

Answer:

When four motorcycles are made each day, the maximum profit is possible.

Explanation:

The output of bicycles varies. We are unable to adequately compare profits per day. Let's calculate the profit per manufactured bike unit to be consistent. Cost, income, and profit can be related as follows:

Revenue - costs = profit.

Simply divide the profit by the quantity of bikes manufactured to determine the profit per unit of bicycle (1st column). You can see from the figures that the maximum profit per manufactured bike is $17.5. Therefore, four motorcycles can be made each day to achieve the highest profit.

What is another name for an oval-shaped projection map?

Answers

The Robinson projection is another name for an oval-shaped map projection. Arthur Robinson invented the Robinson projection map in 1963, and National Geographic used it from 1988 to 1998.

What is an oval map?

A method to assist a group of people in figuring out their ideas surrounding an issue is oval mapping. They are a fantastic way to engage people in conversation and help them organize their thoughts, whether you choose to use a formal methodology or just use the ovals casually.

In the late 16th and early 17th centuries, world maps primarily used the Ortelius oval projection. It tries to present a compromise rather than being either conformal or equal-area.

Therefore, The Robinson projection is another name for an oval-shaped map

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legitimacy. Or What is legitimacy? Discuss the importance of legitimacy in Political Theory.​

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Legitimacy refers to the belief that a system of governance, or a particular action taken by that system, is just and lawful. In political theory, legitimacy is often considered to be a key component of good governance. A government that is seen as legitimate is more likely to be able to effectively govern and make decisions that are supported by the public.

The importance of legitimacy in political theory lies in its ability to ensure that the government has the support of its citizens. A government that is seen as legitimate is more likely to have the cooperation of its citizens, which can lead to more stability and fewer conflicts. Additionally, a government that is seen as legitimate is more likely to be able to effectively implement  policies and make decisions that are in the best interest of its citizens.

In order to maintain and improve legitimacy, governments should make sure that their decisions and actions are consistent with their citizens values and beliefs, and that citizens have a meaningful role in the decision-making process. When the governance loses it's legitimacy it could lead to resistance, civil war and other forms of instability.

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3
Differentiate between floors and floor coverings

Answers

The ground itself is regarded as the floor (usually inside). A floor is constructed of flooring. A tile floor, for instance, would be constructed using tile flooring. With wood flooring, one might create a wood floor.

Give a brief account on floor.

The floor is a room or a car's bottom surface. The surface of a floor can be formed of several different layers or just be made of dirt in a cave. Any material that can withstand the anticipated load is acceptable for floors, including stone, wood, bamboo, and metal. Although the term "story" is more appropriate, buildings' levels are frequently referred to as "floors." A subfloor for support and a floor covering that provides a good walking surface are the conventional components of a floor. Plumbing, electrical wiring, and other services are frequently integrated into the flooring of modern structures. Floors must adhere to tight construction rules in some areas because they must fulfill a variety of requirements, some of which are crucial for safety.

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3) Reflect on what you’ve learned through this chapter. (YJCA) Complete the following thoughts: a. I use to think…But now I think..
b) The most important thing I learned in the chapter about the youth justice system is

c) Do I think the justice system is fair and equitable for youth? How has my opinion changed from the beginning?

d) I think the Youth Criminal Justice Act should apply to people ages ____ to ____ because …

Answers

I used to think that the youth justice system was similar to the adult justice system, but I think there are important differences that need to considered when addressing youth crime.

What is youth justice system?

By collaborating with children and young people, their parents, and their caregivers, the youth justice system works to prevent crime and re-crime. Provide assistance to crime victims so they can cope with what has happened.

The appropriate responses are -

b) The most important thing I learned in the chapter about the youth justice system is that it is designed to be rehabilitative rather than punitive and focuses on addressing the root causes of offending behavior.

c) I believe that the justice system can be fair and equitable for youth, but it is important to consider the unique needs and circumstances of young people in the process.

d) I think the Youth Criminal Justice Act should apply to people ages 12 to 18 because this is the age where individuals are considered to be legally responsible for actions, but also still in a stage of development where they may be more amenable to rehabilitation and positive change.

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In events management, Should your attendees feel physical discomfort in your venue, what should be done?

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In event management, if your attendees feel physical discomfort in your venue, you should :

Identify the cause of the discomfort Take action against it Monitor the situation Follow up on the situation

What should you do as an event manager about discomfort ?

In events management, if attendees feel physical discomfort in a venue, it is important to take immediate action to address the issue. Identify the cause of the discomfort: Is it due to the temperature, lighting, noise, or air quality? Once the cause is identified, it can be addressed more effectively.

It is important to remember that the comfort of attendees should be a priority, and any physical discomfort should be addressed as soon as possible to ensure a positive experience for all attendees.

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what is sustainable development?​

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Answer:

Sustainable development is a concept that refers to the process of meeting the needs of the present without compromising the ability of future generations to meet their own needs. It aims to balance economic, social, and environmental concerns in a way that allows for the long-term viability and prosperity of human society.

Sustainable development involves the integration of economic, social, and environmental goals, and seeks to find ways to meet the needs of all people while protecting the planet and its resources. This can involve a range of actions, such as promoting clean energy, protecting natural habitats, reducing waste and pollution, and supporting the development of social and economic systems that are equitable and inclusive.

Overall, sustainable development is a holistic approach that seeks to balance the needs of people and the planet in a way that allows for the long-term prosperity of both. It is a key concept in addressing some of the major challenges facing humanity, such as climate change, environmental degradation, and social inequality.

Explanation:

in what way can deforestation be caused accidentally​

Answers

Answer: There are no ways a deforestation can be caused accidentally. Can you try to be more specific?

Explanation:

The legitimate definition of a deforestation is the practice of cutting down trees purposely. If a deforestation was caused accidentally than it would just be a collapse of trees. Like for example, if a person just lights a flame on accident, it wouldn't count as a deforestation, it would just be a collapse of trees. Maybe you have to be more specific.

create a argument to answer the question: How does the different social classes of Sumar interact with one another?

Answers

Answer:

In ancient Sumer, social classes were heavily stratified and there was a clear hierarchy in place. At the top of the social ladder were the kings and high-ranking officials, who held the most power and prestige. Below them were the wealthy landowners and merchants, followed by the craftspeople and tradespeople. At the bottom of the social hierarchy were the peasants and slaves, who had very little power or status.

Despite these clear divisions, there was still some interaction between the different social classes in Sumer. For example, the wealthy and powerful classes would have relied on the craftspeople and tradespeople to produce the goods and services they needed, such as pottery, metalwork, and textiles. In turn, these lower classes would have needed the patronage and support of the wealthier classes in order to make a living.

There was also some social mobility in Sumer, as people could improve their status through hard work, education, and accumulating wealth. However, these opportunities were largely limited to the middle and upper classes, and it was difficult for those at the bottom of the social ladder to move up.

In conclusion, the different social classes in Sumer interacted with one another in a hierarchical and unequal manner, with those at the top holding the most power and those at the bottom having very little agency. However, there was some interaction and exchange between the classes, as they were all dependent on each other to some degree.

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Explanation:

which of the following tolls is used to finish seams and raw edges and to create decorative edges on many types of fabric​

Answers

The tool that is used to finish seams and raw edges and to create decorative edges on many types of fabric is a sewing machine
These machines are used to stitch together fabric and other materials in a variety of patterns and styles. They can be used to sew straight seams, zigzag seams, and decorative stitches, and they can be adjusted to accommodate different types of fabric and thread.
They are an essential tool for anyone who works with fabric, and they are widely used in a variety of industries, including clothing manufacturing, upholstery, and home decor.

Identify four factors that interference with the family's role in socializing their members​

Answers

Answer:

1. Lack of time due to work and other obligations.

2. Financial constraints that limit family resources.

3. Social media or other technology that can interfere with face-to-face interaction.

4. Lack of parental knowledge or understanding of the importance of socialization.

Explanation:

The United States has long prided itself on being the longest-running "democracy" in the world. Of course, there has always been a debate: since the United States has a history of lack of universal suffrage (slavery, Jim Crow laws, systematic exclusion of minorities from voting, etc.) In a sense, can the history of the United States until recently be regarded as the history of a "democratic country"?

Answers

Based on a historical perspective and the context of the question, it is concluded that the United States can be regarded as the history of a "democratic country."

What is a Democratic Country

A democratic country is a country that is known to have the practice of civil liberties and fundamental political freedoms, which are not only respected but also reinforced by a political culture conducive to the thriving of democratic principles.

While it is known that the United States has a history of lack of universal suffrage such as slavery, Jim Crow laws, systematic exclusion of minorities from voting, etc., it must also be noted that it was the act of democracy that negotiated the creation and eventual abolition of these practices.

The idea of slavery, systematic exclusion of minorities, and Jim crow laws were originally established based on negotiations that stemmed from democratic practice, and eventually, it was abolished based on democratic processes such as executive, legislative, and judiciary.

Hence, in this case, it is concluded that while there was a history of lack of suffrage in the United States, it does not disprove the fact that the United States is a democratic country.

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What are the various practices and beliefs of your religion?

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Answer:

The various practices and beliefs of my religion depend on the specific denomination. Generally, religious adherents believe in one or more deities and uphold certain ethical and moral principles. Practices often include worship, prayer, rituals, and the observance of religious holidays. Beliefs may include the existence of the afterlife, the divinity of specific religious texts, and other spiritual concepts. Additionally, religious adherents may practice meditation, fasting, and abstinence.

Explanation:

What were Social and Political changes experienced by African Americans from Reconstruction to the Jim Crow Era. please give me the answer in CER form!

Answers

The social and political changes that happened in the Jim Crow era was that African Americans were later given freedom politically and socially to vote and inclusivity.

Changes in the Jim Crow era

Claim: African Americans experienced significant social and political changes from the Reconstruction era to the Jim Crow era.

Evidence: After the Civil War and the abolition of slavery, African Americans were granted citizenship and the right to vote through the 14th and 15th amendments to the US Constitution. During the Reconstruction era, African Americans held political office at the local and state level, and some even served in Congress. However, following the end of Reconstruction in 1877, Southern states began to enact discriminatory laws, known as Jim Crow laws, which restricted the rights and freedoms of African Americans. These laws enforced racial segregation and voter suppression, effectively denying African Americans the right to vote and access to education, housing, and employment opportunities.

Reasoning: The changes in laws and policies towards African Americans during this period were driven by the white supremacist desire to maintain racial hierarchy and control over black people in the South. The end of Reconstruction and the rise of Jim Crow laws represented a significant reversal of the progress made during the Reconstruction era and marked a period of increased oppression and discrimination for African Americans.

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Name this sculpture, the time period it was created during, and its purpose

Answers

The Nike of Samothrace is the name of this sculpture. During the Hellenistic era, it was produced. It is assumed that it honored a significant naval victory or some kind of war triumph.

What do you mean by the  sculpture?

Sculpture is a type of art in which three-dimensional things are created out of hard or plastic materials. The designs could take the form of free-standing objects, reliefs on surfaces, or situations like tableaux or ones that enclose the viewer.

Sculpture from Ancient Greece and Ancient Rome, as well as the civilizations that were ruled or influenced by them, from roughly 500 BC to roughly 200 AD, are collectively referred to as classical.

Therefore, the Nike of Samothrace is the name of this sculpture. During the Hellenistic era, it was produced. It is assumed that it honored a significant naval victory or some kind of war triumph.

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25 Points! Hurry! Please help! I provided a screenshot of my question. Thank you!

Answers

Answer:

it can either be C or D I will most likely say D

Explanation:

If you see on the map, the Arabian Sea has more 80°-90°F

Which benefit is not provide by Amazon

Answers

Answer: A house is not benefited from Amazon and Animals and they don't sell cars

Explanation:

A boy stands on the floor while
gravity pulls him down and the floor
pushes up on him.
OBalanced
QUnbalanced

Answers

A boy standing on the ground is pulled down by gravity and the ground pushes him up this is balanced force.

How does gravity influence balanced and unbalance forces?

Gravity exerts a downward force. The ground exerts an upward force. These two forces are in the same direction but opposite in direction, so they balance each other out.

What are the examples of balanced forces?

Lean against the wall. Lie down. Airplane in continuous flight. Float on water. Standing on the ground. A tug of war is equivalent to a balanced team. Fruits are hanging on the tree. A ball hanging on a rope.

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what are the potential disagreements that could occur from Kosovo achieving self-determination? serbia

Answers

Answer:

There are several potential areas of disagreement that could arise if Kosovo were to achieve self-determination:

Explanation:

Kosovo's relationship with Serbia: Kosovo declared independence from Serbia in 2008, and Serbia has not recognized Kosovo's independence. If Kosovo were to become self-governing, it could lead to further tensions between the two countries.

International recognition: Not all countries have recognized Kosovo's independence, and achieving self-determination could further complicate efforts to gain universal recognition.

Regional stability: Kosovo's independence has the potential to set a precedent for other regions seeking independence, which could lead to further destabilization in the region.

The role of international organizations: If Kosovo were to become self-governing, it could raise questions about the role of international organizations, such as the United Nations, in maintaining peace and stability in the region.

Economic implications: Kosovo's independence could have economic implications, both for Kosovo itself and for the countries that have recognized its independence.

There are several potential areas of disagreement that could arise if Kosovo were to achieve self-determination:

Kosovo declared independence from Serbia in 2008, and Serbia has not recognized Kosovo's independence. If Kosovo were to become self-governing, it could lead to further tensions between the two countries.

Not all countries have recognized Kosovo's independence, and achieving self-determination could further complicate efforts to gain universal recognition. Kosovo's independence has the potential to set a precedent for other regions seeking independence, which could lead to further destabilization in the region.

If Kosovo were to become self-governing, it could raise questions about the role of international organizations, such as the United Nations, in maintaining peace and stability in the region.

Kosovo's independence could have economic implications, both for Kosovo itself and for the countries that have recognized its independence.

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Five similarity of a state and nation

Answers

The five similarities between both states and nation are :

1. Both states and nations have defined territories and populations that reside within their boundaries.

2. Both states and nations have a government that exercises control and authority over their territory and citizens.

3. Both states and nations have laws and institutions that govern the behavior of their citizens and maintain order within their territory.

4. Both states and nations have a sense of identity and shared culture among their citizens.

5. Both states and nations interact with other political entities through diplomacy, trade or other means.

It's important to note that the term "nation" can also refer to a cultural, ethnic or linguistic identity, which may or may not have a state to represent it politically. However, for the most part, states and nations do share these similarities, and both are considered as sovereign entities that make decisions for their own people and have the ability to govern themselves.

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What needs to be done to elevate the status of women in present Taliban Afghanistan?

Answers

Answer: Girls and women are at continued serious risk of losing their basic human rights and freedom since the Taliban established a new government in Afghanistan in 2021.

Here are three simple but powerful things you can do to support girls and women in Afghanistan:

be an advocate for refugees in your community.Write to your local government representative about your concerns for the rights of Afghan girls and women.Donate to organizations who are supporting girls and women during this crisis.spread awareness

Explanation:

be an advocate for refugees in your community: Thousands across the country are at serious risk of reprisals from the Taliban for speaking and acting freely as citizens over the past 20 years. This includes women human rights defenders, academics, journalists and those who have aided the US and allies in peace-building efforts. There are very few opportunities to escape Afghanistan or seek asylum. Help others to understand this and why emergency measures must be taken.Write to your local government representative about your concerns for the rights of Afghan girls and women: Ask your government to be inclusive and welcoming to those fleeing the country. This may include expanding the list of refugees eligible for resettlement in your country. It could also involve removing the barriers that refugees face in securing visas, flights, and financial support. Donate to organizations who are supporting girls and women during this crisis: Funds are urgently needed to protect Afghan people and ensure their safety.

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Laissez-faire refers to a form of_________under which people compete freely with minimal government intervention in the economy.

Multiple Choice

A. capitalism

B. totalitarianism

C. communism

D.
socialism

Answers

Laissez-faire refers to a form of_________under which people compete freely with minimal government intervention in the economy.

Multiple Choice

A. capitalism

B. totalitarianism

C. communism

D.

socialism

Freida is earning a master’s degree in social work and putting together a presentation for class about the origin of human services using her own life. What part of her life will Freida MOST likely use for her presentation?

A.
her workplace

B.
her class

C.
her family

D.
her friends

Answers

Answer:

Freida is most likely to use her family as a part of her presentation about the origin of human services.

Explanation:

A master's degree in social work typically involves the study of social welfare policies, programs, and practices that aim to address social and economic inequalities and improve the well-being of individuals and communities. In putting together a presentation about the origin of human services, Freida might draw on her own experiences and background to illustrate the various factors and influences that have shaped her understanding of social work and her desire to pursue a career in this field.

Freida's workplace, class, and friends are less likely to be central to her presentation about the origin of human services, as they are not directly related to her personal history or development as a social worker. Instead, it is more likely that Freida will focus on her family and other personal experiences and influences that have shaped her understanding of social issues and her desire to help others.

How does a trade agreement take effect? The president negotiates it, and Congress approves it with a two-thirds–majority vote. The president negotiates it, then signs it without congressional approval. Congress negotiates it, and the president approves it. Congress negotiates it, and the president’s economic advisors give final approval. ?

Answers

The implementing legislation for each trade agreement that the President negotiates must be submitted to Congress, or the President must obtain Congress' prior consent before making any modifications to domestic laws or tariffs.

What do you mean by trade agreement?

An extensive tax, tariff, and trade pact known as a trade agreement frequently includes investment guarantees. It exists when two or more nations come to an agreement on conditions that facilitate trade between them.

Preferential and free trade agreements are the most typical sorts of trade agreements, and they are reached to lessen tariffs, quotas, and other trade restrictions on goods sold between the parties.

Formal trade agreements make sense since they spell out what is agreed upon and the penalties for breaking the norms outlined in the agreement.

As a result, trade agreements reduce misunderstandings and foster trust that wrongdoing will be penalized on both sides, which raises the possibility of long-term collaboration.

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what are some possible solutions where both Serbia and kosovo are satisfied with kosovo’s pursuit of self determination?

Answers

Answer: The situation between Serbia and Kosovo is complex and there are no easy solutions that would satisfy both sides. However, some possible options that have been discussed in the past include:

Federated solution: This would involve Kosovo being granted significant autonomy within Serbia, while still being recognized as part of the country.

Confederation: Under this arrangement, Kosovo and Serbia would form a confederation, with both countries retaining their own sovereignty and autonomy, but also being linked through a loose political union.

Independence: Kosovo could be granted independence, with Serbia recognizing Kosovo as a sovereign state.

International mediation: An international mediator or mediators could be brought in to facilitate negotiations and help find a mutually acceptable solution.

Ultimately, any solution will need to take into account the concerns and interests of both Kosovo and Serbia, and find a way to balance the right of Kosovo to self-determination with Serbia's desire to maintain its territorial integrity.

Answer:

Possible solutions where both Serbia and Kosovo are satisfied with Kosovo's pursuit of self-determination include a negotiated settlement between the two parties, a mutually agreed upon referendum, or a third-party mediated agreement.

Explanation:

Achieving a comprehensive normalization of relations between Kosovo and Serbia is necessary for the region's long-term peace, security, and stability. With efforts having failed to achieve a settlement agreeable to both parties, dynamics turned inwards towards effectuating a claim to external self-determination through unilateral secession. The two sides have agreed to the principles of sovereignty and territorial integrity, with the ethnic Albanians of Kosovo wanting independence, or at least a referendum on self-determination.

key facts from the genocide in bosnia

Answers

Answer:Prior to the dissolution of the former Federal Republic of Yugoslavia, President Josip Broz Tito ruled the Balkans. Although there were many different ethnic groups in his territory, he managed to maintain peace by commanding with a "Iron Fist" style. Despite the fact that he was sometimes referred to as a "benevolent dictator," he did not allow much tolerance for cultural diversity outside of Yugoslav nationalism. This Yugoslav identity did not start to split into many ethnic groups until after his passing in 1980.

"Ethnic cleansing" is the word used to describe the Serbs' brutality toward Bosniaks and Croats during this civil conflict. The goal of the Serbs was not just to wipe out an entire ethnic group, but to drive that people out of a particular region. This does not apply to the 1995 attack, or more accurately, "shelling," of Srebrenica, which the UN designated as a genocide in 2007.

Srebrenica, Zepa, and Gorazde were designated as safe havens by the United Nations in 1993, indicating that all three would be placed under the protection of foreign peacekeepers and disarmed.

Explanation:

I NEED HELP PLEASEEE

Answers

The most well-known of these individuals is Mitsuharu Misawa, aka Tiger Mask II.

Misawa wore which Tiger mask?

Two-generation Tiger Mask: When All Japan Pro Wrestling acquired the rights to the Tiger Mask gimmick from New Japan Pro Wrestling in August 1984, Misawa began competing as the second generation Tiger Mask, following Satoru Sayama. After serving as a junior heavyweight for five years, Misawa advanced to the heavyweight division in 1986.

Who taught Misawa?

8/10 Some Unusual Names Trained Him: Those who are familiar with The Great Kubuki's heritage might believe that Misawa has enough skill to be a single wrestler, but he also received training from Dory Funk Jr. and the legendary Lou Thesz. It's easy to understand how Misawa picked up skills so rapidly with trainers like those.

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Which factor led to the development of slavery in both Mesopotamia and Egypt?

Answers

Answer:

Slavery has existed in various forms throughout history, and there have been many different factors that have contributed to its development. In ancient Mesopotamia and Egypt, one factor that led to the development of slavery was the need for labor. Both civilizations were agrarian societies that relied on agriculture for their survival, and they needed a large workforce to cultivate their crops and maintain their irrigation systems. As a result, they often turned to slaves to help meet their labor needs. Slaves were also used for a variety of other tasks, such as construction and manufacturing. In some cases, slaves were captured in warfare or taken as prisoners of war, while in other cases they were purchased or traded.

Explanation:

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