Podcast
Questions and Answers
Why do people want money according to the text?
Why do people want money according to the text?
- To use as decoration
- To collect portraits of famous individuals
- To bake bread
- To buy necessities and goods (correct)
What would you have to do if you needed new clothes and there was no money?
What would you have to do if you needed new clothes and there was no money?
- Knit them yourself (correct)
- Bake them
- Buy them from a store
- Exchange other items for clothes
What did people do before the concept of money existed?
What did people do before the concept of money existed?
- Buy clothes from stores
- Trade items with each other
- Hunt animals for fun
- Gather berries and kill animals for food (correct)
Which term describes a system of trading one thing for another without using money?
Which term describes a system of trading one thing for another without using money?
What is the main reason for exchanging items through bartering?
What is the main reason for exchanging items through bartering?
What would you need to do to have flour for baking bread in a world without money?
What would you need to do to have flour for baking bread in a world without money?
What skills did some people possess before the existence of money?
What skills did some people possess before the existence of money?
'Imagine if you had to raise a sheep and shear it, spin the wool to make yarn, and then knit the sweater yourself.' What does this scenario suggest about acquiring clothing in a money-free world?
'Imagine if you had to raise a sheep and shear it, spin the wool to make yarn, and then knit the sweater yourself.' What does this scenario suggest about acquiring clothing in a money-free world?
What is described as a 'system of trading one thing for another'?
What is described as a 'system of trading one thing for another'?
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