When There Are Many Goods in a Barter System

question 89

Multiple Choice

When there are many goods in a barter system,

• A)transactions costs are minimized.
• B)there are multiple prices for each good.
• C)there is only one store of value.
• D)exchange of services is impossible.

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Definitions:

Relational Orientation

A person's tendency or preference in how they interact with and relate to others, focusing on the importance of interpersonal relationships.

Ethos

A dimension of culture that refers to the basic values, assumptions, and beliefs that are held within a cultural group and that guide social interactions.

Collective Personality

The personality structure and dynamics of individuals who live in collective social systems and families, tend to be motivated by group rather than personal goals, contextually rather than dispositionally oriented, and other-focused emotionally rather than ego-focused.

Intrafamilial

Pertaining to or occurring within a family.