VOICED: The no-cash economy, a hot business for hard times

VOICED: The no-cash economy, a hot business for hard times

Assessment

Interactive Video

Business

10th Grade - University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the practice of bartering, using the example of John from Cape Cod who trades oysters for home renovations. It highlights the benefits of bartering over traditional currency, especially in small communities and tough economic times. The video also explores the organized barter system in New England, where businesses trade services and goods without money, showing how this old method is gaining popularity and may be a future trend.

Read more

5 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What alternative use did John find for his oyster harvest?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does John feel about the traditional monetary system?

Evaluate responses using AI:

OFF

3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of Ken Maharg's group in the context of bartering?

Evaluate responses using AI:

OFF

4.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the economy influenced the practice of bartering in New England?

Evaluate responses using AI:

OFF

5.

OPEN ENDED QUESTION

3 mins • 1 pt

What advantages does bartering offer to business owners according to the text?

Evaluate responses using AI:

OFF