The Money Matter

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Questions and Answers

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'?

  • 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?

  • Precious metals
  • The skin of wild animals (correct)
  • Cowrie shells
  • Seashells

When did the Pastoral Society exist?

<p>From 10,000 to 12,000 years ago (C)</p> Signup and view all the answers

What was the productive technology of the Hunting Society?

<p>Primitive weapons (D)</p> Signup and view all the answers

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