Functions and Characteristics of Money

Functions and Characteristics of Money

7th Grade

10 Qs

quiz-placeholder

Similar activities

ABOUT TÜRKİYE

ABOUT TÜRKİYE

6th - 12th Grade

13 Qs

Guess the anime

Guess the anime

KG - Professional Development

6 Qs

Ant science

Ant science

5th Grade - University

11 Qs

ABRAHAM MASLOW

ABRAHAM MASLOW

7th Grade

10 Qs

PBIS Expectations

PBIS Expectations

6th - 8th Grade

10 Qs

HRM - Q2

HRM - Q2

1st - 10th Grade

10 Qs

Adopt me roblox quiz by stupidelephant911

Adopt me roblox quiz by stupidelephant911

KG - Professional Development

11 Qs

Engaging Secondary Science

Engaging Secondary Science

6th - 12th Grade

14 Qs

Functions and Characteristics of Money

Functions and Characteristics of Money

Assessment

Quiz

Business, Other

7th Grade

Practice Problem

Medium

Created by

Michele Edward

Used 122+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

1. In bartering economies, people trade what they __________ for what they ___________.

Own; buy

Buy; sell

Want; need

Have; need

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

One of the disadvantages of operating a barter system is that trading is

taking place without currency.

carried out in very large markets.

limited by availability and demand of goods traded.

conducted without consumer protections.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_________________: a moneyless economy that relies on trade

fiat

commodity

barter

tallers

4.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Money should be portable. This means:

You can carry it easily.

It was originally designed in a port.

It is either rectangular or circular.

It is made out of paper.

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Money should be durable. This means:

You cannot light it on fire.

It must be tough so it doesn't break.

It should be cheap to mass produce.

It should be silver or gold.

6.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Money should be limited. This means:

You can control how much of it is in use.

It shouldn't be too heavy.

You should use items such as pebbles or leaves.

It should be either rectangular or circular.

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Money should be divisible. This means:

You can use smaller pieces of it if you want.

You can cut it in half and give both pieces to a vendor.

If it's lost someone must return it to you.

It must have a picture of a president on it.

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?

Discover more resources for Business