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Question Practice

How does money change the way we view value?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 7
Social Science
Exploring Society India and Be...
From Barter to Money
Question Bank

How does money change the way ...

Single Answer MCQ
Q-00130468

How does money change the way we view value?

1

It eliminates the need for subjective assessment

2

It establishes fixed prices for everything

3

It enables direct comparisons of all goods

4

It reduces the importance of negotiation

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Keep Practising

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Continue with nearby questions to strengthen the same chapter concept while you still have the context fresh in mind.

Q1.

What is the barter system?

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Q2.

Which of the following is a limitation of the barter system?

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Q3.

In the barter system, which item listed was commonly used as a commodity?

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Q4.

What problem does the term 'portability' refer to in the barter system?

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