Management Market & Research Question Assignment

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MANAGEMENT MARKET & RESEARCH QUESTION ASSIGNMENT
MANAGEMENT MARKET & RESEARCH QUESTION ASSIGNMENT
Name:

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MANAGEMENT MARKET & RESEARCH QUESTION ASSIGNMENT
Solution 1.
The take away summary pertaining to the PBS video takes into account the
examination of global financial crisis and the association of it to the financial conditions
prevailing in the West. The examination of crisis done by Historian and economist Neil
Ferguson encompasses the importance of money and the manner it is linked to status
(PBS, 2019). The historian Ferguson tends to bring about the concept linked to money
and the importance it has garnered over these years.
The problems linked to the financial bubble are closely associated too. The
explanation of the manner of insight based on the crisis concerning the financial economy
and the money protection system is significant to comprehend (PBS, 2019). The
discovery of the value ascertained based on the technological innovations and the way it
affects the financial system is crucial to understand (Gupta, 2018). The value that money
has can be linked to the evolution of human beings and the manner in which they have
evolved too. The money-based ideology and system is associated to the perceptions that
humans have been having ever since they have evolved.
Considering the fact that money is the one of the significant and effective ways in
which the daily businesses are being conducted (PBS, 2019). The use of fabrics, clays,
shells and other materials like metals have been also utilized to a greater extent in order to
represent money. The ideology behind the actual value of money is the representation of
good or the relevant service that any person would be willing to trade with. The use of

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MANAGEMENT MARKET & RESEARCH QUESTION ASSIGNMENT
antiquity cannot be undermined with the money being made with the precious metals.
This includes the bronze, gold and silver (PBS, 2019).
The value of the metals was precious indeed and the rarity of them was responsible
in order to bring up with the payment of things. Taking into consideration the olden days
too, the search for the materials that were rare was significant. The entire ideology as to
how the search of the minerals and materials existed in the past is of greater significance
too (PBS, 2019; Benetrix et al., 2015). The search for the rare materials in the olden ages
was done to a greater extent. The reason linked to the inflation in Europe too was while
Diego had discovered the silver mountain at Peru (PBS, 2019). The manner of enriching
oneself and the inclination among the people in the historical days to bring about greater
happiness cannot be undermined.
The intangible aspect of the money in the current days can also be closely linked to
the representation, that of gold in the earlier days. The banks in the olden days could be
asked for the gold that the money did represent (PBS, 2019). The true nature of money is
unique. The trust that we have while we are being paid by someone who is eligible
enough to pay for something which has value is crucial. Today’s world is different and
the uniqueness of the transactions being carried out without the use of cash tends to
pertain. The numbers that are being read on the screen itself depict the amount of money
that can be known to us (PBS, 2019). It is a known fact that that banks in these days
handle the real money and we do trust the system which forms the backend. The truth can
be well seen clearly. The crucial consideration, that of money not being a substance,
rather an idea which is created and also believed by the human race cannot be ignored.
The idea which initially represent money has been evolving too.