Importance of Moral Values

Trading first started around 6000 BC, it started in the Mesopotamian tribes. Then it was given to the Phoenicians. The phoenicians traded goods to other cities across the sea. They traded the goods for food, tea, weapons and different kinds of spices. Salt was a well liked mineral,everyone loved it. Therefore, the Phoenicians would trade most of their goods for salt. When money was made, trading didn’t end. Instead it became more neater and not really cacao. But, the people wanted money so money is the way we get goods in this world. That doesn’t mean that trading is not allowed anymore, you can still trade things with companies and other people if the object is in good condition.

currency, shops gave a bill that was to be paid with more silver that was obtained from a

Commerce is frequently thought of as the activity of buying or selling on a large scale, whether it be goods or not, but commerce can be thought of in a different manner, simply defining it as social dealings between people. If commerce is looked at as simply the social interactions between groups of people, it exists practically everywhere on nearly a daily basis. Whether it be the exchange of some sort of “good” on a mass scale from one group to another satirically seen in Jonathan Swift’s “A Modest Proposal”, arranging marriages as seen in Moliere’s Tartuffe, or 3RD TEXT, it can all be considered some kind of commerce.

The primitive monetary instruments had a profoundly dynamic assistant nature, had no inborn quality. Their operation did not suggest the utilization of any particular item, but rather just the reference to a theoretical money related unit. Regardless of the possibility that the unique money related unit were symbolized by a given particular stock, this stock never took an interest in the operations, since what was implied was to make a conceptual reference to its worth, and not to trade different merchandise for it. Hence, currency was not, subsequently, created by a flash of brilliance, but rather originated from a need, and its development has reflected, at every time, the readiness of man to orchestrate its currency features to the reality of its economy. Perhaps even more importantly, invention of currency was the mother step in a new monetary system that has led to the birth of electronic banking and credit cards. To infer, pretty much as human advancement from viciousness to development has relied on upon the invention of currency, future advancement will rely on another definition and utilization of

2)medium of exchange A medium of exchange is an object that is generally accepted in exchange for goods and services.

Monetary values have changed throughout history because problems presented in each system of commerce. Bartering was among the earliest forms of commerce to present a problem. It did not establish monetary value in anything specific, allowing an individual’s wants or needs to be deemed monetary values. Each seller could make exchange requests based on different things. For example, a starving man could deem grain a commodity if he only manufactures luxury goods. Based on his hunger, the starving man can request to make an exchange of his luxury good with farmers for grain. Given that luxury goods are not a necessity, nor desired by everyone, the farmers can refuse his offer. The man would have to barter with a third party to acquire whatever the farmers were willing to make an exchange for. Inconsistent commodities in bartering made transactions inefficient because it could require multiple exchanges. Standards were established to combat the inefficiency of bartering through establishing value in one set commodity that all would accept. With a standard, the man could obtain grain directly from the farmers because it is mandated that the standard be accepted as debt payment. Therefore, it is more efficient to have a standard which only requires one transaction than to barter. For a matter of convenience, value transferred from virtually any object to specific resources. A common resource used for standards is metal. In early empires and recent nations, gold and/or silver

Throughout the times of man’s inhabitance on this planet, mankind has experimented with innumerable methods of trade and economics. Many believe that human restrictions on trade and a person’s desire for objects can create a utopian way of economic life. The following will examine two articles: The Market Didn’t Do It and A Good Conversation and the Marketplace. The goal of the following is to determine whether each is true and why based not only on the economic system of the world today, but also upon reason.

Everybody exchanges things for a reason, maybe for money, service, something of interest, or to get out of something, like in monopoly; a get out of jail free card. We all trade, but we were not the first ones to either. Our early ancestors traded goods for things like food or cloth even before they had any kind of currency. They decided what was a fair trade by their opinion of each item's value.

Previously, the accumulation of perishable items was unreasonable primarily because of spoilage. The introduction of money, however, permitted perishable items to be exchanged for currency. Thus, money rendered the opportunity for accumulating property without the associated risk of resulting waste. The profits of this exercise were invested in the means by which they were generated – the land.

In this time many people bartered, they mostly traded their money, objects, or labor for vice versa in return. In easier terms a farmer may trade vegetables to a carpenter to

Barter is a system of exchange where goods or services are directly exchanged for other goods or services without using a medium of exchange, such as money. It is distinguishable from gift economies in many ways; one of them is that the reciprocal exchange is immediate and not delayed in time. One of the literary elements in the poem "Barter", by Sara Teasdale is the use of stanzas. The poem is divided into three stanzas and each one is six lines in length. Another literary element of the poem is the use of rhyme.

“Since the individual has the alternative of producing directly for itself, it need not enter any exchange unless it benefits from it. Hence no exchange will take place unless both parties benefit from it…(Friedman 13)”

This essay is going to address what money means and its relation to inequality in society.

This paper is about five important moral values. Personally, I believe that every child should have these moral values because these moral values were vital to me when I was growing up. Basically, I would pass these moral values on to my child, because they are so imperative to have. As the children go through elementary school, middle school, and high school, they will need these essential moral values.

Morality is an important component of a human being because it helps shape the ethical foundation that every human being has. Whether to be good, evil, honest, or deceitful are just some of the traits morality helps us develop. Thus, it is evident that morality is a crucial component of a human being. However, what ultimately drives moral action? This question is debated and investigated against many philosophers, a few of them being Thomas Hobbes, Frans de Waal, and David Hume.