Which of the Following Criteria Would Make Gold a Poor

question 135

Multiple Choice

Which of the following criteria would make gold a poor medium of exchange?

• A)a supply that would be difficult to control because of the unpredictability of new gold discoveries
• B)durability so that value is not lost by spoilage
• C)value relative to its weight so that amounts large enough to be useful in trade can be easily transported
• D)divisibility because different goods are valued differently

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Definitions:

Traditional Authority

A form of leadership where power is legitimized by customs and traditional beliefs passed down through generations, often seen in monarchies or tribes.

Political Sociology

A branch of sociology that deals with the interplay between society and politics, including the study of power, governments, citizenship, and social movements.

Political System

A framework of institutions, activities, and interactions through which a society organizes and governs itself, including the distribution and exercise of power.

Institutionalized Power

Power that is embedded within institutions and the structure of society, manifesting through norms, policies, and procedures that govern people's behavior.