Why Is the Barter System Less Desirable Than Using Money

question 161

Multiple Choice

Why is the barter system less desirable than using money for exchange?

• A)Gold and silver are risky and inconvenient to transport.
• B)It is a more inefficient and a time-consuming process.
• C)Gold and silver are relatively scarcer than other commodities.
• D)It tends to promote inflation.

Grasp the concept of resilience and its impact on overcoming adverse experiences.

Comprehend Carl Rogers' views on self-concept development.

Understand the positive impacts of optimism on physical health and the immune system.

Identify the qualities of self-actualized individuals as per humanist psychology.

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Definitions:

Performance Feedback

The process of giving individuals information about their job performance, intended to improve or maintain performance levels.

Reinforcement

In organizational behavior, the use of rewards or punishments to increase or decrease the likelihood of a specific behavior being repeated.

Managers

Individuals responsible for planning, leading, organizing, and controlling an organization or team to achieve specific goals.

Effective Use

Refers to the optimal application and utilization of resources or strategies to achieve desired outcomes efficiently.