Death toll passes 200 in capsized Tanzania ferry

Death toll passes 200 in capsized Tanzania ferry

Assessment

Interactive Video

Business, Economics, Finance

9th - 12th Grade

Hard

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary function of money?

To be a source of energy

To act as a form of entertainment

To be a decorative item

To serve as a medium of exchange

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following best describes the historical evolution of money?

Money has no historical significance

Money was invented in the 20th century

Money evolved from barter systems to digital currency

Money has always been in the form of coins and notes

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the introduction of coins impact trade?

It had no impact on trade

It discouraged people from trading

It simplified and expanded trade

It made trade more complicated

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role does money play in the modern global economy?

It is irrelevant in today's economy

It acts as a universal measure of value

It is primarily used for artistic purposes

It is only used in local markets

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a modern form of money?

Gold nuggets

Shells

Digital currency

Barter items