How is the relationship between unitss in the money system in the u. s. similar to the metric system

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Business

Jameson Herring

11 July, 22:26

How is the relationship between unitss in the money system in the u. s. similar to the metric system

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Answers (1)

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Camryn · Answer 1

Both the metric system and the US monetary system are based on the system of tens.

Explanation:

The metric system is based on the meter, which is divided into 100 centimeters, while the US monetary system is based on the dollar that is divided into 100 cents.

Generally speaking all Americans and most US organizations use the Imperial System (along with Liberia and Myanmar), while the rest of the world uses the metric system. But some American organizations use the metric system also, like the military and many financial institutions, specially those that export or trade with commodities.

What s really intriguing about this, is that the metric system is the official measuring system of the US since 1866, but it hasn't been massively applied yet.