Social Science Worksheet (Week 11, Topic : Barter)
Social
Science Worksheet (Week 11, Topic : Barter)
Choose
the correct answer:
1) What does it mean "to
barter?"
a. To share history through stories
b. To row a boat
c. To trade goods or services
d. To buy land
2) What did most people do to get the
things they needed before money was used?
a. borrowed
b. stole
c. bartered
d. did without
3) When is bartering not possible?
a. when people trade goods or services
b. when no one wants to trade for your
product or service
c. when kids are trading baseball cards
d. when you trade something without using
money
Fill in
the blanks:
(price,
money, trade, services, debit card, coincidence)
1) Barter is a system in which people
exchange goods or ____________.
2) A _______________is a chance or luck
that two things happen at the same time.
3) It is difficult to put the ________
in barter because there is no money involved.
4) ___________has a fixed value unlike
goods.
5) Buying and selling of goods and
services using money is called_________.
6) The card that electronically deducts
a purchase amount directly from users bank account is a___________.
State
whether these statements are true or false:
1) Money can be used to buy or sell
anything.
2) Deal can not be unfair in barter.
3) There is no coincidence of wants needed in trade.
4) Buying and selling of goods using
money is called trade.
5) Money has a fixed value unlike goods.
6) Many people barter things on
internet.
Answer
the following questions:
1) What is barter? Give example.
2) What is trade? Who trades?
3) What are the problems of barter?
4) Give an example of barter that you
have carried out.
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