A construction project, for example, is often governed by a guaranteed maximum price contract (GMP) . This type of legal agreement sets a ceiling or maximum price for which a person or entity will pay for a certain project.
The arc lamp used in the Lighthouse of Alexandria is further proof that electricity was used in ancient Egypt. The energy required to power the Lighthouse of Alexandria for 24 hours a day could only have been supplied by a regular electrical source.
Other ancient timekeeping devices include the candle clock, used in ancient China, ancient Japan, England and Mesopotamia; the timestick, widely used in India and Tibet, as well as some parts of Europe; and the hourglass, which functioned similarly to a water clock.