In a Barter System

question 47

Multiple Choice

In a barter system,

• A)trade will only occur if there is a double coincidence of wants
• B)an individual offers money to get a good or service
• C)an individual offers a good or service to get money
• D)different kinds of money are exchanged for each other
• E)individuals are self-sufficient

---

Definitions:

Disintegration

The process of breaking down into smaller parts or elements, leading to the loss of cohesion or unity.

Nervousness

A feeling of anxiety, unease, or apprehension often experienced before an important event or in uncertain situations.

Hofstede's Dimensions

A framework for understanding cultural differences across societies, defined by six dimensions including power distance, individualism versus collectivism, and uncertainty avoidance.

Collectivist

A collectivist is someone who prioritizes the goals and values of the group over individual desires, often found in societies that emphasize community and collaboration.