Impact On World Currencies
In medieval Europe, when the only coin in circulation was the silver penny (denier), the solidus was used as a unit of account equal to 12 denier. Variations on the word solidus in the local language gave rise to a number of currency units:
Read more about this topic: Solidus (coin)
Famous quotes containing the words impact on, impact and/or world:
“Too many existing classrooms for young children have this overriding goal: To get the children ready for first grade. This goal is unworthy. It is hurtful. This goal has had the most distorting impact on five-year-olds. It causes kindergartens to be merely the handmaidens of first grade.... Kindergarten teachers cannot look at their own children and plan for their present needs as five-year-olds.”
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