What determines the value of fiat currency?

one of the main reasons was definitely slavery. back in 1861, republican abraham lincoln was elected and ended up being a major influence in the slavery business. slavery greatly affected the texas economy because back in 1845 during the annexation of texas, slaves became a big part of the texas population. many texans that were in favor of the secession influenced groups through party ties.

answer: both considered peasants valued members of society.

explanation: the ancient chinese and indian empires were large asian empires that had the same problems with other big empires, they had to work hard and sometimes fight in order to keep them united, they both relied heavily on their capacity to trade and to send strange and rare items to europe, and had the father as the head of the house hold in both societies, but they didn´t considered pleasants as valued members of their society, they were the bottom of the social pyramid in both of their societies.