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Central Bank Of Ecuador
The Central Bank of Ecuador (; BCE) is the central bank of the country, and an institution of the Executive Function, which has institutional, administrative, financial, and technical autonomy In developmental psychology and moral, political, and bioethical philosophy, autonomy is the capacity to make an informed, uncoerced decision. Autonomous organizations or institutions are independent or self-governing. Autonomy can also be .... It is in charge of executing the monetary policy established by the Monetary Policy and Regulation Board of Ecuador, which has been the institution's highest governing body since October 2021. Between 1927 and 2000, the Central Bank was in charge of issuing Ecuadorian sucre, sucre coins and banknotes, but this function ceased after the adoption of the US dollar as the country's legal currency on January 9, 2000. Since 2000, the Central Bank's objectives are to strengthen dollarization and guarantee technical autonomy. The BCE is the admi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ecuador
Ecuador, officially the Republic of Ecuador, is a country in northwestern South America, bordered by Colombia on the north, Peru on the east and south, and the Pacific Ocean on the west. It also includes the Galápagos Province which contains the Galapagos Islands in the Pacific, about west of the mainland. The country's Capital city, capital is Quito and its largest city is Guayaquil. The land that comprises modern-day Ecuador was once home to several groups of Indigenous peoples in Ecuador, indigenous peoples that were gradually incorporated into the Inca Empire during the 15th century. The territory was Spanish colonization of the Americas, colonized by the Spanish Empire during the 16th century, achieving independence in 1820 as part of Gran Colombia, from which it emerged as a sovereign state in 1830. The legacy of both empires is reflected in Ecuador's ethnically diverse population, with most of its million people being mestizos, followed by large minorities of Europe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Primer Edificio Del Banco Central Del Ecuador, Actual Museo Numismático
Primer may refer to: Arts, entertainment, and media Films * ''Primer'' (film), a 2004 feature film written and directed by Shane Carruth * ''Primer'' (video), a documentary about the funk band Living Colour Literature * Primer (textbook), a textbook used in primary education to teach the alphabet and other basic subjects * Primer (prayer book), a common name for English prayer books used from the 13th to 16th centuries * ''The New England Primer'' (1688), a Puritan book from Colonial America with morality-themed rhymes Music * ''Primer'' (album), a 1995 music album by the musical group Rockapella * Primer 55, an American alternative metal band Firearms * Primer (firearms), a firearm powder charge-ignition mechanism ** Centerfire ammunition, Boxer or Berdan primers used in modern centerfire cartridges ** Detonator, a small explosive device also known as an explosive primer or blasting cap ** Friction primer, an ignition device for muzzle-loading cannon ** Percussion cap, a gun ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Edwin Kemmerer
Edwin Walter Kemmerer (June 29, 1875 – December 16, 1945) was an American economist, who became famous as an economic adviser to foreign governments in many countries (Philippines, Mexico, Guatemala, Colombia, Germany, Chile Chile, officially the Republic of Chile, is a country in western South America. It is the southernmost country in the world and the closest to Antarctica, stretching along a narrow strip of land between the Andes, Andes Mountains and the Paci ..., South Africa, Poland, Ecuador, Bolivia, China, Peru, and Turkey), promoting plans based on strong currencies, the gold standard, central banks, central bank independence, and balanced budgets. He helped design the U.S. Federal Reserve System in 1911, edited the ''American Economic Bulletin'' and the ''American Economic Review'', and became president of the American Economic Association in 1926. He graduated with honors and a Phi Beta Kappa key from Wesleyan University, and earned his Ph.D. from Cornell Unive ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banknote
A banknote or bank notealso called a bill (North American English) or simply a noteis a type of paper money that is made and distributed ("issued") by a bank of issue, payable to the bearer on demand. Banknotes were originally issued by commercial banks, which were legally required to Redemption value, redeem the notes for legal tender (usually gold or silver coin) when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have primarily been replaced by national banknotes issued by central banks or monetary authority, monetary authorities. By extension, the word "banknote" is sometimes used (including by collectors) to refer more generally to paper money, but in a strict sense notes that have not been issued by banks, e.g. government notes, are not banknotes. National banknotes are often, but not always, legal tender, meaning that courts of law are required to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Isidro Ayora
Isidro Ramon Antonio Ayora Cueva (31 August 1879 – 22 March 1978) was an Ecuadorian political figure. He served as the 22nd President of Ecuador from 1926 to 1931. Isidro Ayora, a town in Guayas, and Puerto Ayora, are name A name is a term used for identification by an external observer. They can identify a class or category of things, or a single thing, either uniquely, or within a given context. The entity identified by a name is called its referent. A person ...d after him. Some people name coins ''ayora'' because they were introduced by him. Upon his death in 1978 at age 98, Ayora was the longest-living Ecuadorian president. His record was surpassed by Guillermo Rodríguez in 2023 when Rodríguez turned 100. Honours *1930: Grand Cordon in the Order of Leopold.RD of 5 September 1930 References ISIDRO AYORA CUEVA. diccionariobiograficoecuador.com. explored.com.ec 1879 births 1978 deaths People from Loja, Ecuador Ecuadorian people of Spanish des ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Board Of Directors
A board of directors is a governing body that supervises the activities of a business, a nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet. In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation, non-executive directors are elected by the shareholders, and the board has ultimate responsibility for the management of the corporation. In nations with codetermination (such as Germany and Sweden), the workers of a corporation elect a set fraction of the board's members. The board of directors appoints the ch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Currency
A currency is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance; i.e., legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term ''currency'' appear in the respective synonymous articles: banknote, coin, and money. Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Luis Napoleon Dillon
Luis is a given name. It is the Spanish form of the originally Germanic name or . Other Iberian Romance languages have comparable forms: (with an accent mark on the i) in Portuguese and Galician, in Aragonese and Catalan, while is archaic in Portugal, but common in Brazil. Origins The Germanic name (and its variants) is usually said to be composed of the words for "fame" () and "warrior" () and hence may be translated to ''famous warrior'' or "famous in battle". According to Dutch onomatologists however, it is more likely that the first stem was , meaning fame, which would give the meaning 'warrior for the gods' (or: 'warrior who captured stability') for the full name.J. van der Schaar, ''Woordenboek van voornamen'' (Prisma Voornamenboek), 4e druk 1990; see also thLodewijs in the Dutch given names database Modern forms of the name are the German name Ludwig and the Dutch form Lodewijk. and the other Iberian forms more closely resemble the French name Louis, a derivat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
July Revolution (Ecuador)
The July Revolution was a civic-military movement in Ecuador that, through a coup on July 9, 1925 led by the Military League, a secret group of young officers of the Ecuadorian Army, overthrew President Gonzalo Córdova. After an initial Military Junta, it was extended for six years —until 1931—, with two provisional government juntas and the presidency of Isidro Ayora, first interim and then constitutional, which ended with a new military coup on August 24, 1931. The Revolution was oriented against the plutocracy that ruled the country. Despite being forged outside the population, initially limited to supporting what was carried out by the military, it reflected a national aspiration for change from those political and social sectors that participated in the juntas and the Ayora Government. Once in power, through various modernizing economic and socio-labour measures, he sought to put an end to the "bankocracy" and the political dominance of the liberal oligarchies. Backg ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Theobroma Cacao
''Theobroma cacao'' (cacao tree or cocoa tree) is a small ( tall) evergreen tree in the Malvaceae family. Its seedscocoa beansare used to make chocolate liquor, cocoa solids, cocoa butter and chocolate. Although the tree is native to the tropics of the Americas, the largest producer of cocoa beans in 2022 was Ivory Coast. The plant's leaf, leaves are alternate, entire, unlobed, long and broad. Description Flowers The flowers are produced in clusters directly on the Trunk (botany), trunk and older branches; this is known as cauliflory. The flowers are small, diameter, with pink Calyx (botany), calyx. The floral formula, used to represent the structure of a flower using numbers, is ✶ K5 C5 A(5°+52) (5). While many of the world's flowers are pollinated by bees (Hymenoptera) or Butterfly, butterflies/moths (Lepidoptera), cacao flowers are pollinated by tiny flies, ''Forcipomyia'' biting midges. Using the natural pollinator ''Forcipomyia'' midges produced more fruit tha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cacao Bean
The cocoa bean, also known as cocoa () or cacao (), is the dried and fully fermented seed of ''Theobroma cacao'', the cacao tree, from which cocoa solids (a mixture of nonfat substances) and cocoa butter (the fat) can be extracted. Cacao trees are native to the Amazon rainforest. They are the basis of chocolate and Mesoamerican foods including tejate, an indigenous Mexican drink. The cacao tree was first domesticated at least 5,300 years ago by the Mayo-Chinchipe culture in South America before it was introduced in Mesoamerica. Cacao was consumed by pre-Hispanic cultures in spiritual ceremonies, and its beans were a common currency in Mesoamerica. The cacao tree grows in a limited geographical zone; today, West Africa produces nearly 81% of the world's crop. The three main varieties of cocoa plants are Forastero, Criollo, and Trinitario, with Forastero being the most widely used. In 2024, global cocoa bean production reached 5.8 million tonnes, with Ivory Coast leading at ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Great Depression
The Great Depression was a severe global economic downturn from 1929 to 1939. The period was characterized by high rates of unemployment and poverty, drastic reductions in industrial production and international trade, and widespread bank and business failures around the world. The economic contagion began in 1929 in the United States, the largest economy in the world, with the devastating Wall Street stock market crash of October 1929 often considered the beginning of the Depression. Among the countries with the most unemployed were the U.S., the United Kingdom, and Weimar Republic, Germany. The Depression was preceded by a period of industrial growth and social development known as the "Roaring Twenties". Much of the profit generated by the boom was invested in speculation, such as on the stock market, contributing to growing Wealth inequality in the United States, wealth inequality. Banks were subject to laissez-faire, minimal regulation, resulting in loose lending and wides ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
