German South West African Mark the gold content of the British Pound Sterling was 7.3224 grams, while the gold content of 20 marks was 7.168 grams. According to Gresham's Law, "bad money drives out good", so the "bad" Mark replaced the "good" British Pound Sterling. In 1901, the German Mark became the official currency of German South West Africa, hence replacing the 20 and 5 mark denominations of the German South West African Mark, for which they were also demonetized (although, they continued use in the metropolis of German South West Africa until 1907). In 1923, the coins of the German South West African Mark
Bad (economics) of treatment, but will greatly improve their health and well-being in the long run. Bad (economics) An economic bad is the opposite of an economic good. A 'bad' is anything with a negative value to the consumer, or a negative price in the marketplace. Refuse is an example of a bad. A bad is a physical object that lowers a consumer's level of happiness, or stated alternately, a bad is an object whose consumption or presence lowers the utility of the consumer. With normal goods, a two-party transaction results in the exchange of money for some object, as when money