What is money?
Authored by Fatima Abrar Shah
Social Studies
4th Grade
Used 136+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The process of directly exchanging one good or service for another.
Trade
Bartering
Market
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Metals were used as money for at least
2000 years
4000 years
1000 years
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Coined metal or paper money upon which a government has impressed its stamp to designate its value is known as
Credit
Currency
Money
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Today, most paper money is called
Fiat money
Credit money
Electronic money
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In past, paper money used to be backed by
Gold and silver
metals
wood
6.
FILL IN THE BLANKS QUESTION
30 sec • 1 pt
To avoid the difficulties of barter , (a) evolved.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The first people to introduce the use of gold and silver coins were the
Chinese
British
Lydians
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