What was the main problem with the barter system?
Quizizz on Money and Bartering

Quiz
•
English
•
6th Grade
•
Medium
Lucinda Roberts
Used 24+ times
FREE Resource
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Double coincidence of wants was required
It was too simple to use
People didn't like trading goods
It used too many resources
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these is NOT a form of money used throughout history?
Salt
Digital currency
Plastic cards
Seashells
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary advantage of using currency over bartering?
It's more colorful
It serves as a standard medium of exchange
It's easier to carry
It never loses value
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a loan?
A gift of money that doesn't need to be repaid
Money borrowed that must be repaid with interest
A type of bank account
A form of bartering
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is interest?
A type of bank account
The total amount of money borrowed
Extra money paid for borrowing
A form of withdrawal
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What happens during inflation?
Prices generally decrease
Money becomes more valuable
Banks close down
Money loses value over time
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A withdrawal is when you:
Add money to your account
Close your account
Take money out of your account
Open a new account
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