Alternative Currencies Quiz

What is the alternative currency used in the small town of Volos?

• Euro

• TEM

• Dollar

• Yen

How do members of the TEM community gain credit?

• By borrowing from the local bank

• By exchanging gold for TEM

• By doing jobs for other people or selling their own produce

• By buying goods with euros

What is the alternative currency used in other communities in Greece?

• Rupee

• Yuan

• Pound Sterling

• Ovolos

What is the major advantage of the ovolos over the euro?

• It is widely accepted in Europe

• It is backed by a government

• It is not affected by inflation or downgrading

• It is made of a more durable material

When was Peliti set up as a national network for the exchange of goods and services without money?

• 1985

• 1990

• 2002

• 2015

How does Peliti differ from the TEM and ovolos systems?

• It is a digital currency

• It is used only in Volos

• It works purely by bartering

• It is regulated by the government

What is the name given to the first real coin used in Greece?

• Ovolos

• Peliti

• TEM

• Drachma

What is the main reason for the popularity of alternative currencies like TEM and ovolos?

• They are backed by a strong economy

• They are made of a more durable material

• They are not affected by inflation or devaluation

• They are widely accepted by the government