Two kids exchanged toys and colored pencils among themselves. This act is ________.

gifting

No worries! We‘ve got your back. Try BYJU‘S free classes today!

sharing

No worries! We‘ve got your back. Try BYJU‘S free classes today!

the barter system

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

giving loan

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C the barter system
Two kids exchanged their toys and colored pencils among themselves. Here, goods are exchanged without the involvement of money; this is an example of the barter system.

Suggest Corrections

Similar questions

In a class, (1/10)th kids have pens and (4/5)th have pencils and none have both. What fraction of kids have either a pen or a pencil?

Q. What will be a fair decision according to you if you find two kids fighting over a toy?

Q. In a barter between two people, the exchangeable items are ______.

In a class, $\frac{1}{10}$ th of the class' kids have pens while $\frac{4}{5}$ th have pencils. But no one has both. What fraction of kids neither have a pen or pencil?

A kid pushes his toy of mass $100 g$ along a distance of $5 m$ on the floor of his house by applying a force of magnitude $9 N$ . What is the energy that has to be put in by the kid for displacing the toy? Is there any change in potential energy possessed by the toy?

Join BYJU'S Learning Program

Two kids exchanged toys and colored pencils among themselves. This act is ________.

The correct option is C the barter systemTwo kids exchanged their toys and colored pencils among themselves. Here, goods are exchanged without the involvement of money; this is an example of the barter system.

The correct option is C the barter system
Two kids exchanged their toys and colored pencils among themselves. Here, goods are exchanged without the involvement of money; this is an example of the barter system.