Which of the Following Would Be a Consequence in an Economy

question 1

Multiple Choice

Which of the following would be a consequence in an economy where there is no money?

• A) There would be no way to save for the future.
• B) There would be no way to borrow.
• C) Exchanges would occur more quickly.
• D) Exchanges would take longer.
• E) There would be no more exchange.

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Definitions:

Collective Action

Joint efforts by individuals or groups to achieve a common objective, often used in the context of protests, social movements, or collaborative projects.

Social Movements

Organized collective efforts aimed at promoting or resisting change in society.

Lynch Mobs

Groups of people who take the law into their own hands to execute summary justice, often without a fair trial.

Riots

Violent disturbances of the peace by a crowd or public assembly.