Monetary system of the world

Instructions to students: Select one of the following topics for your 2-3 PAGE writing assessment assignment. No information should be taken from the internet! This assignment should consist of original work ONLY! Save your assignment in the following manner: student ID#_ Last name.First name. For example: 123456789_Smith.Jane Your assignment will be assessed in the following manner: Strong thesis statement, clear logic and structure, key points, supportive evidence, and conclusion. You may choose from the following two topics. Use Times New Roman or Arial, 12 size font, double space or 1.5 space. Topic #1 “For hundreds of years, the monetary system of most countries has been based on the exchange of metal coins and printed pieces of paper. However, because of recent developments in technology, the international community should consider replacing the entire system of coins and paper with a system of electronic accounts of credits and debits.” Discuss the extent to which you agree or disagree with the opinion stated above. Support your views with reasons and/or examples from your own experience, observations, or reading. Topic #2 Describe the income distribution in US, and how equal or unequal you think it is. What factors are causing such big difference between different groups of people? Explain in details. In your opinion, how should we manage our income wisely?