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

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

Assessment

Interactive Video

Other

10th Grade - University

Hard

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FREE Resource

The video discusses the concept of barter currency as an alternative to traditional fiat money. It highlights the philosophical satisfaction and practical benefits of using barter systems, such as trading services without exchanging money. Examples include exchanging printing services for advertising and cleaning services. The video also touches on how the current economy favors barter systems, allowing businesses to trade goods and services instead of using cash. The transcript ends with some unrelated thoughts.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the advantages of using barter currency instead of traditional money?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Describe the philosophical perspective on happiness mentioned in the text.

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of cleaning services in the context of barter currency?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What services are mentioned that can be traded in a barter system?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the current economy play into the hands of businesses according to the text?

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