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Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:
Assertion (A): We can still encounter a barter system in the modern economic system.
Reason (R): People exchange old clothes for utensils.
- a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).
- b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).
- c)Assertion (A) is true but reason (R) is false.
- d)Assertion (A) is false but reason (R) is true.
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Directions: In the following questions, a statement of assertion (A) ...
Answer:
Assertion (A): We can still encounter a barter system in the modern economic system.
Reason (R): People exchange old clothes for utensils.
The correct choice is (A) Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).
Explanation:
Bartering is the exchange of goods and services without the use of money. In a barter system, people exchange goods and services for other goods and services that they need. The barter system is an ancient system of trade that goes back to prehistoric times. Although the barter system has largely been replaced by the use of money, it still exists in some parts of the world.
The reason given in the statement is that people exchange old clothes for utensils. This is an example of a barter system. In a barter system, people exchange goods and services for other goods and services that they need. In this case, people exchange old clothes for utensils that they need. This is a common practice in many parts of the world, especially in rural areas.
Therefore, the assertion that we can still encounter a barter system in the modern economic system is true, and the reason given is the correct explanation of the assertion. The barter system still exists in some parts of the world, especially in rural areas where people do not have access to money or prefer to use goods and services to trade.
Assertion (A): We can still encounter a barter system in the modern economic system.
Reason (R): People exchange old clothes for utensils.
The correct choice is (A) Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).
Explanation:
Bartering is the exchange of goods and services without the use of money. In a barter system, people exchange goods and services for other goods and services that they need. The barter system is an ancient system of trade that goes back to prehistoric times. Although the barter system has largely been replaced by the use of money, it still exists in some parts of the world.
The reason given in the statement is that people exchange old clothes for utensils. This is an example of a barter system. In a barter system, people exchange goods and services for other goods and services that they need. In this case, people exchange old clothes for utensils that they need. This is a common practice in many parts of the world, especially in rural areas.
Therefore, the assertion that we can still encounter a barter system in the modern economic system is true, and the reason given is the correct explanation of the assertion. The barter system still exists in some parts of the world, especially in rural areas where people do not have access to money or prefer to use goods and services to trade.
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Directions: In the following questions, a statement of assertion (A) ...
Bartering occurs when two or more parties – such as individuals, businesses and nations – exchange goods or services evenly without the use of a monetary medium. While a barter economy is considered more primitive than modern economies, barter transactions still regularly transpire in the marketplace.
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Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): We can still encounter a barter system in the modern economic system.Reason (R): People exchange old clothes for utensils.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'A'. Can you explain this answer?
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Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): We can still encounter a barter system in the modern economic system.Reason (R): People exchange old clothes for utensils.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'A'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): We can still encounter a barter system in the modern economic system.Reason (R): People exchange old clothes for utensils.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): We can still encounter a barter system in the modern economic system.Reason (R): People exchange old clothes for utensils.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'A'. Can you explain this answer?.
Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): We can still encounter a barter system in the modern economic system.Reason (R): People exchange old clothes for utensils.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'A'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): We can still encounter a barter system in the modern economic system.Reason (R): People exchange old clothes for utensils.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): We can still encounter a barter system in the modern economic system.Reason (R): People exchange old clothes for utensils.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'A'. Can you explain this answer?.
Solutions for Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): We can still encounter a barter system in the modern economic system.Reason (R): People exchange old clothes for utensils.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce.
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Here you can find the meaning of Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): We can still encounter a barter system in the modern economic system.Reason (R): People exchange old clothes for utensils.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): We can still encounter a barter system in the modern economic system.Reason (R): People exchange old clothes for utensils.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'A'. Can you explain this answer?, a detailed solution for Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): We can still encounter a barter system in the modern economic system.Reason (R): People exchange old clothes for utensils.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): We can still encounter a barter system in the modern economic system.Reason (R): People exchange old clothes for utensils.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an
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