3
practice testMultiple Choice

Practice Test

Question 3 • United States History

Why is bartering not used globally on a large scale to meet the needs of people and populations?

Answer
A
It requires too many different kinds of coins and paper money.
B
It can be used only during times of crisis.
C
It has been replaced by time banks as a way to exchange goods and services.
D
It would require the value of goods and services to be standardized.

Explanation

Bartering involves exchanging goods or services directly, without money. For it to work on a large scale, people would need a common way to compare the value of very different things, such as food, clothing, and labor; that would require standardizing their values. Therefore, the correct choice is “It would require the value of goods and services to be standardized.”

AI-written and checked against the verified answer.

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