Practice Modes of Exchange - 2.4 | Chapter 4: The Economic | ICSE Class 12 Sociology
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Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What is a barter system?

πŸ’‘ Hint: Consider how people traded before money.

Question 2

Easy

Give an example of a gift economy.

πŸ’‘ Hint: Think about occasions when gifts are given with no strings attached.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What does the barter system rely on?

  • Money
  • Direct exchange
  • Loans

πŸ’‘ Hint: Think of trading without cash.

Question 2

True or False: A gift economy always involves an expectation of return.

  • True
  • False

πŸ’‘ Hint: Consider the essence of giving.

Solve 1 more question and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Consider a small community that historically relied on barter. With the arrival of monetary systems, how might their social structures change?

πŸ’‘ Hint: Reflect on the shift from direct relationships to impersonal monetary transactions.

Question 2

Analyze a situation where a gift economy might conflict with a market economy. Discuss potential resolutions.

πŸ’‘ Hint: Consider scenarios where mutual support might clash with profit motives.

Challenge and get performance evaluation