Read the following passage and answer the questions that follow. 1. What is trade and how did it begin? Today you see large shops and it is so easy to go inside them and buy what you want. But do you ever think where the things you buy come from? You may buy a woolen shirt in a shop in your city. It may have come all the way from Kashmir and the wool may have grown on the backs hop ship in the mountains of Kashmir or Ladakh. A Watch that you to buy may have come in ships and railway trains all the way from Japan. So also, you may buy things made in America or China or Paris or London. Great ships are always carrying the goods of one country to another. But it was not always so. 2. In the early days when man settled down¹, there was very little trade, everything that a man wanted, he had to grow himself or make himself. Sometimes it must have happened that one tribe² had a great deal³ of one thing and another a great deal of something else. It was natural for them to exchange goods. For instance, one tribe might gift a cow for a bag of grain. There was no money in those days. Things could only be exchanged. So exchange began. It must have been rather inconvenient. To get a bag of grain, or something like it, one had to carry a cow or may be couple of sheep ! 3. When gold and silver were found people started using them for trade. It was easier to carry them. And gradually⁵, the custom⁶ arose of paying for things in gold and silver. The first person who thought of this must have been a very clever person. The use of gold and silver made trade very much easier. Even then, there were no coins as we have them now. Gold used to be weighed in a balance and then given to another person. Much later came coins and this made trade and exchange still simpler. No weighing was required then as everybody knew the value of a coin. Now money (in many different forms) is used all over the world. QUESTIONS : 1) In the early days, men exchanged...
a) Goods for money
b) Goods for Gold
c) Goods for silver
goods for goods
2. The use of gold and silver made trade easier because...
a) they were found easily
b) they were found in large quantities
c) they were easy to carry
d) they were not very costly
3. Before the use of coins, goods were exchanged for..
a) Gold
b) Silver
c) Gold and Silver
d) Niether Gold nor Silver
4. We don't have to weigh coins because...
a) they are not very heavy
b) everybody knows their value
c) They are not made of gold
d) they are not made of silver
5. Nowadays, we pay for goods with...
a) Gold
b) Silver
c) Coins
d) Money
6. A tribe is...
a) A group of uneducated people
b) A group of early men
c) A group or class of people
d) A group of people living in forests
7. What has been thought of the man who first thought of paying for things in gold and silver?
a) He was money-minded
b) He was clever
c) He was foolish
d) all of the above
8. Write adjective form of 'wool'
a) woolen
b) woolish
c) wooly
d) none of the above
9. Which word in the passage means 'uncomfortable'.
a) Exchange
b) Inconvenient
c) Required
d) none of these
10. Find synonym of 'tradition' in the passage.
a) Convention
b) Custom
c) Balance
d) Ritual
Answers
Answered by
1
Answer:
- goods for goods
- ) they were easy to carry
- c) Gold and Silver
- b) everybody knows their value
- d) Money (idk this pls check)
- .....
- b) He was clever
- ) woolen
- b) Inconvenient
- d) Ritual
Answered by
0
Answer:
6. d) A group of people living in forests
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