What is the primary purpose of making payments?
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1st - 2nd Grade
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To avoid taxes
To exchange goods and services
To reduce expenses
To increase savings
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a common method of payment?
Bartering
Credit card
Exchanging gifts
Trading livestock
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one advantage of using digital payments?
They require physical presence
They are slower than cash transactions
They offer enhanced security features
They are only available in urban areas
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How might technology influence future payment systems?
By reducing their accessibility
By making them less secure
By increasing their efficiency
By eliminating the need for currency
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential trend in the future of payments?
Increased use of cash
Decline in online transactions
Rise of contactless payments
Return to barter systems
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