USA HISTORY

Detailed explanation-1: -Fiat currency came about when governments would mint coins out of a valuable physical commodity, such as gold or silver, or print paper money that could be redeemed for a set amount of a physical commodity.

Detailed explanation-2: -Silver production in major countries worldwide 2022 Mexico’s silver mines produced some 6, 300 metric tons of silver in 2022, making Mexico the world’s largest silver producer. China and Peru ranked second and third, respectively that year.