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Which of the Point(s) Below Is (Are) True of Money

question 11

Multiple Choice

Which of the point(s) below is (are) true of money?
i. Money eliminated the need for barter.
ii. Money allowed for specialization of labour and expansion of trade.
iii. Money allowed for the development of a market economy.
iv. Money allowed one to save current production for future use.


Definitions:

Tutsi Minority

An ethnic group that forms a minority of the population in Rwanda and Burundi, historically playing a significant role in the social and political dynamics of these countries.

Hutu Majority

The ethnic group that constitutes the majority of the population in Rwanda, historically involved in conflict with the Tutsi minority.

Prejudiced Discriminator

An individual who acts out their prejudices and biases towards others, often based on race, sexuality, gender, or any other characteristic, resulting in discriminatory behavior.

Ethnic Names

Names that are closely associated with a particular ethnic or cultural background, often carrying historical and familial significance.

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