Download file to see previous pages...
Cigarettes qualified as money because it acted as a standard of deferred payment. Some buyers took commodities on credit with a promise of paying an agreed number of cigarettes in the future. Just like modern currency, cigarette money acted as a store of value so that buyers could keep their extra purchasing power for use when the Red Cross issue arrived. Traders accumulated cigarette money to help them purchase more stock when commodities arrived (Radford 5).
The fact that cigarettes served both as money and as a smoke was a factor that led to the debasement of cigarette money. Buyers in the P.O.W camp savoured high quality cigarettes for smoking and only used those that were of low quality for trading. The method used in making different cigarette brands was another factor in the debasement of cigarette money. For example, machine-made cigarettes that were supplied by Red Cross could afford more than hand-rolled cigarettes. Lack of homogeneity in the worth of certain cigarettes led to the debasement of cigarette money. For example, some hand-rolled cigarettes were doubted for low quality and extreme thinness and some sellers would reject them. The cunningness of buyers in P.O.W camp to try to maximize on the few available cigarettes led them dismantling big machine-made cigarettes in order to make many smaller ones. Price fluctuations affected the stability of cigarette money and it would fall in value when prices went up (Radford 5).
Like in modern economic times, a fall in the value of cigarette money was one of the factors that caused inflation in P.O.W camp. The decrease of the value of cigarette money led to inflation because some traders felt that they needed to charge more in order to realize meaningful profits. The anticipation and arrival of commodities in the P.O.W camp was another contributing factor for inflation. This manifested in price hikes when the day of the arrival of commodities
...Download file to see next pagesRead More
” The children come forward and pay respect to him, touch the cutout and one could see the charged emotions on their innocent countenances. After providing such a backdrop, the children are asked to pray and profound vocabulary of Christianity pours out, like flesh and blood, principalities and powers, rulers of the darkness in this world,
Application Essay This particular article about burned kids allowed or given the opportunity to be just normal touched me to cite as an example for this essay. This is about a youth camp at t YMCA Camp Kern who took in children ages 9 to 16 coming from 17 states who have been treated at Shriners Hospitals for children.
This gathering is often used for honouring American Indian culture and society. Pow wow event is marked by a dance competition which ends with a prize distribution ceremony having significant awards for special achievements. The tenure of the gatherings might vary from 5 hours - 6 hours from one day to three days.
“Indian Camp” begins and ends with a father and son as they both are experiencing birth and death at the same time. For the father, life and death are separate but he has seen a lot of it in his day. As a doctor, he would be able to help some people and not help others. For Nick, this is a coming of age story and it sets the stage for how he will look at death.
The paper shall look at how the authors view at different things in very different ways. It will be a good experience to see and learn how people can be different and how they can have different perspectives when it comes to certain issues. Utilitarianism Mill describes utilitarianism as the belief that the rightness of an action, rules or principle is to be judged by its presumed consequences (Bentham, 2009).
Becoming military personnel is not a career; it is a lifestyle, one that readies recruits for a strict and disciplined future. Boot camp is a military training camp for new recruits, one that uses strict discipline and physical exercise and punishment to help form respectful, eager, and emotionally controlled men and women.
oned delinquents to mature and see the light, which forms one of the primary themes of the short story “The Luck of Roaring camp” written by Bret Harte. The story revolves around a gold mining camp that consisted primarily of criminals and outlaws, who had been rightfully
The composition of the US comedy is very different from what people think. According to the author, the relationships existing among the components of the US economy are parasitic in nature but very impossible to change. A continuum structured to
3 Pages(750 words)Essay
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Essay on topic Cigerate money in POW camp for FREE!