Class 10 Exam  >  Class 10 Questions  >  What is the significance of money in the cont... Start Learning for Free
What is the significance of money in the context of wealth accumulation?
  • a)
    It has no role in wealth management
  • b)
    It promotes barter exchanges
  • c)
    It complicates financial transactions
  • d)
    It allows for easier savings and investment
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
What is the significance of money in the context of wealth accumulatio...
Money facilitates the process of saving and investing, allowing individuals to accumulate wealth over time more efficiently than if they were to rely on goods or barter systems.
Explore Courses for Class 10 exam

Top Courses for Class 10

Question Description
What is the significance of money in the context of wealth accumulation?a)It has no role in wealth managementb)It promotes barter exchangesc)It complicates financial transactionsd)It allows for easier savings and investmentCorrect answer is option 'D'. Can you explain this answer? for Class 10 2025 is part of Class 10 preparation. The Question and answers have been prepared according to the Class 10 exam syllabus. Information about What is the significance of money in the context of wealth accumulation?a)It has no role in wealth managementb)It promotes barter exchangesc)It complicates financial transactionsd)It allows for easier savings and investmentCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Class 10 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the significance of money in the context of wealth accumulation?a)It has no role in wealth managementb)It promotes barter exchangesc)It complicates financial transactionsd)It allows for easier savings and investmentCorrect answer is option 'D'. Can you explain this answer?.
Solutions for What is the significance of money in the context of wealth accumulation?a)It has no role in wealth managementb)It promotes barter exchangesc)It complicates financial transactionsd)It allows for easier savings and investmentCorrect answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for Class 10. Download more important topics, notes, lectures and mock test series for Class 10 Exam by signing up for free.
Here you can find the meaning of What is the significance of money in the context of wealth accumulation?a)It has no role in wealth managementb)It promotes barter exchangesc)It complicates financial transactionsd)It allows for easier savings and investmentCorrect answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of What is the significance of money in the context of wealth accumulation?a)It has no role in wealth managementb)It promotes barter exchangesc)It complicates financial transactionsd)It allows for easier savings and investmentCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for What is the significance of money in the context of wealth accumulation?a)It has no role in wealth managementb)It promotes barter exchangesc)It complicates financial transactionsd)It allows for easier savings and investmentCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of What is the significance of money in the context of wealth accumulation?a)It has no role in wealth managementb)It promotes barter exchangesc)It complicates financial transactionsd)It allows for easier savings and investmentCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice What is the significance of money in the context of wealth accumulation?a)It has no role in wealth managementb)It promotes barter exchangesc)It complicates financial transactionsd)It allows for easier savings and investmentCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice Class 10 tests.
Explore Courses for Class 10 exam

Top Courses for Class 10

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev