Podcast
Questions and Answers
According to D.H. Robertson, what is money?
According to D.H. Robertson, what is money?
- Anything widely accepted in payment for debts
- Anything widely accepted in payment for services
- Anything widely accepted in payment for goods (correct)
- Anything widely accepted in payment for taxes
What is the origin of the word 'money'?
What is the origin of the word 'money'?
- Derived from the word 'monetary'
- Derived from the word 'monarchy'
- Derived from the word 'monopoly'
- Derived from the word 'monet' (correct)
What was used as money in the Hunting Society?
What was used as money in the Hunting Society?
- Precious metals
- The skin of wild animals (correct)
- Cowrie shells
- Seashells
When did the Pastoral Society exist?
When did the Pastoral Society exist?
What was the productive technology of the Hunting Society?
What was the productive technology of the Hunting Society?