Read the following and then answer the questions :
Did you think of money ? Is it important to us or not ? Aristotle,
the Greek philosopher, summed up the four chief qualities of money some 2000
years ago. It must be lasting and easy to recognize, to divide, and to carry.
This means it must be , “ durable, distinct, divisible and portable ? “. When
we think of money today, We picture it either as round, flat pieces of metal,
which we call coins or as printed paper notes. But there are still parts of the
world today where coins and notes are of no use .They will buy nothing, and a
traveller might starve if he had none of the particular local “ money “ to
exchange for food .
Among isolated people, who are not often reached by traders from
outside commerce usually means barter . This is a direct exchange for
pots, baskets, or other manufactured goods. For this kind of trading, money is
not needed, but there is often something that everyone wants and everybody can
use, such as salt to flavour food, shells for ornaments, or iron and copper to
make into tools and vessels. These things :
Salt, shells or metals are still used as money in some
primitive parts of the world today.
A) Answer the following
Which of the four qualities of money, do you
think, is the most essential?
How would you describe money at present ?
What does the underlined word ( barter ) mean ?
Give a suitable title for the passage ?
B) Choose the correct
5- In some isolated
parts of the world money is ---------------------------
a) needed for
trading b) not needed for
c) needed for buying
thing d) wanted as coins or
6- In some parts of the world today where coins and notes are of no
use we can -----
a) exchange goods b) use local money only
c) use any other
money d) buy nothing
7- According to the
passage, everyone in the isolated parts needs ---------------
a) only salt to flavour
food b) iron and copper to make into
c) salt , shells , iron
and copper d) tools and vessels
divisible قابل للقسمة
portable قابل للحمل
ornaments حلى - تحف
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