Continue reading Â». Sarojini Naidu, known as the âNightingale of Indiaâ, was a celebrated poet, playwright and Indian independence activist. She was the first woman to become President of the Indian National Congress and the first woman to achieve the post of Governor of Uttar Pradesh state.
Commodities are bulk goods and raw materials, such as grains, metals, livestock, oil, cotton, coffee, sugar, and cocoa, that are used to produce consumer products. The term also describes financial products, such as currency or stock and bond indexes.
Commodity money is created from a good, often a precious metal such as gold or silver, which has uses other than as a medium of exchange (such a good is called a commodity), while representative money simply represents a claim on such a good. The first use of fiat money was recorded in China around 1000 AD.