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Question Practice

The requirement of finding someone who needs what you have and has what you need is known as?

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

The requirement of finding som...

Single Answer MCQ
Q-00130421

The requirement of finding someone who needs what you have and has what you need is known as?

1

Market equilibrium

2

Double coincidence of wants

3

Supply-demand relationship

4

Economic barter

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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?

Single Answer MCQ
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Q2.

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

Single Answer MCQ
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Q3.

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

Single Answer MCQ
View explanation
Q4.

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

Single Answer MCQ
View explanation