Money and Traditional Markets Quiz
Flashcard
•
Mathematics
•
Vocational training
•
Practice Problem
•
Hard
Melly Nabila
FREE Resource
Student preview
10 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Definition of money
Back
Medium of exchange
2.
FLASHCARD QUESTION
Front
Functions of money
Back
Store of value, unit of account
3.
FLASHCARD QUESTION
Front
Types of money
Back
Fiat, commodity, digital
4.
FLASHCARD QUESTION
Front
Traditional market
Back
Physical marketplace
5.
FLASHCARD QUESTION
Front
Characteristics of traditional markets
Back
Local, diverse goods
6.
FLASHCARD QUESTION
Front
Role of money in markets
Back
Facilitates trade
7.
FLASHCARD QUESTION
Front
Barter system
Back
Exchange without money
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