An Economic System in Which Money Is Not Used as a Medium

question 260

Multiple Choice

An economic system in which money is not used as a medium of exchange is a

• A) planned economy.
• B) market economy.
• C) mixed economy.
• D) barter economy.

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Definitions:

Businesses

Organizations involved in commercial, industrial, or professional activities aiming to earn profits.

Excellent Manager

An individual in a managerial position who excels at organizing, directing, and controlling resources effectively to achieve set goals.

Highly Successful Business

A business that achieves significant achievements in areas like profitability, market share, and customer satisfaction, often exhibiting strong leadership, innovation, and strategic planning.

Pasta Shops

Retail establishments specializing in the sale of pasta and possibly related Italian food products and ingredients.