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    social studies

                                                                          From Barter to

                                    11                                               Money

                                               computational thinking quest

                    Tick ( ) the correct option.                          4.  Which pattern can be identified in the

                    AbsTrAcT Thinking                                        evolution of money forms?
                      1.  Which inference best explains why barter                  (a)  Movement from heavy and less
                         failed as societies expanded?                                 convenient forms to lighter and
                                                                                       efficient forms.
                                (a)  People preferred coins over goods.
                                                                                    (b)  Shift from digital to physical
                                (b)  Increasing complexity of needs                    systems.
                                   made direct exchange impractical.                (c)  Decrease in trade efficiency over
                                (c)  Governments banned barter                         time.
                                   systems.                                         (d)  Elimination of all physical
                                (d)  Goods lost their value completely.                exchange.
                      2.  Which abstract conclusion best explains the     5.  Observe the picture and identify the most
                         importance of “common denomination”?                appropriate interpretation of the transaction
                                                                             shown.
                                (a)  It reduces production cost.

                                (b)  It allows comparison of value
                                   across goods and services.
                                (c)  It increases supply of goods.

                                (d)  It eliminates need for trade.

                    PATTern recogniTion
                      3.  Which pattern is observed in the problems of
                         the barter system?                                         (a)  Exchange of goods without any

                                (a)  All problems relate to government                 medium.

                                   control.                                         (b)  Use of digital money enabling
                                (b)  Most issues arise due to absence                  instant bank-to-bank transfer.
                                   of standardisation and flexibility.              (c)  Payment through paper currency
                                (c)  Only transportation was a
                                   challenge.                                          issued by banks.
                                (d)  Only storage caused difficulty.                (d)  Barter system using commodities.

                                                                                            From Barter to Money      115

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