What Caused the Decline of Barter as a Means of Obtaining

question 22

Multiple Choice

What caused the decline of barter as a means of obtaining something needed by a consumer?

• A) Development of the central bank system
• B) The discovery of gold
• C) The invention of the credit card
• D) The use of bonds
• E) The introduction of money

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Definitions:

Cultural Assimilation

Cultural Assimilation is the process by which a person or a group's language and/or culture come to resemble those of another group, often leading to diminished cultural diversity.

Cultural Integration

Cultural Integration in the context of organizations refers to the merging of diverse cultures within a company, aiming for inclusivity and a shared corporate identity.

Strategic and Financial

Aspects related to long-term planning and financial management aimed at achieving an organization's key objectives.

Cultural Inspiration

The use of elements from diverse cultures to motivate, guide, or influence individuals or groups, often in creative, educational, or organizational contexts.