CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Ted trades his crayons for baseball cards. This is an example of system.

A
barter
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
economic
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
money
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is A barter
Barter system refers to the system of exchange of goods without the use of money.

Since Ted is exchanging crayons with baseball cards, it is an example of barter system.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
The Concept of Money
MATHEMATICS
Watch in App
Join BYJU'S Learning Program
CrossIcon