9 sentences with “currency”
Short, simple sentences with “currency”, suitable for school kids, with common collocations and related words.
Brief definition: currency
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Julius Caesar established a new calendar, which included the month of "July" named after him, and regularised the Roman currency.
Also, citizenship, which had been the basic unit of political currency in the ancient polis, became a mark of elite membership that could be earned in several cities at the same time.
The imperial office controlled the minting of coins, which remained the standard currency as far afield as France and England, because the coins were weighted and reliably backed by the imperial government.
Since there was no currency, 'payment' to scribes usually took the form of fiefdoms (i.e. land grants) that reverted to royal possessions after the official's death, a practice that atrophied after the fall of the Old Kingdom.
Constantine also took a decisive step towards stabilising the economy by issuing a new currency based on a fixed gold standard. The new currency, the solidus, was to be the standard international currency of the Western world for 800 years.
Europe was largely a barter economy, while the Muslim world was a market economy based on currency, with Sharia law providing a sophisticated legal framework for commercial transactions. Especially when Byzantium declined, Muslim kingdoms remained at the forefront of scholarship, trade and military power.
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