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ZIMSEC O-Level Economics

6.12.1Barter and money

Barter and money in ZIMSEC O-Level Economics: what the syllabus expects you to know, the learning objectives and how to practise.
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Learning objectives

What the syllabus expects you to be able to do.

  1. 6.12.1.1Form 1: explain barter trade and its advantages and disadvantages, and outline the types of money (M1, M2 and M3).
  2. 6.12.1.2Form 2: outline the characteristics of money and explain its functions.

Lessons

  • Barter and money: forms, functions and characteristics

    30 min

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Sample question

A sample question on this topic. Answer it, check it, then read the worked answer.

Barter and money: sample question

1 mark

During very rapid inflation, people spend their money as soon as they receive it. Which function of money has failed most clearly?

Choose one answer

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