UrbanPro
Login Ask & Answer Success Stories Paid Courses Free Classes Tuition & Classes Fees Write a Review All Categories Help Center
Post your Learning Need Signup as a Tutor
✕

Popular Cities

Bangalore

Hyderabad

Delhi

Mumbai

Chennai

Pune

Kolkata

Gurgaon

Ahmedabad

Jaipur

Noida

✕
true

Class 11 Tuition > Class 11 Tuition in Delhi > Class 11 Tuition in Hauz Khas > Dr Sachin Vijay

CAREER AVENUES Class 11 Tuition institute in Delhi

CAREER AVENUES

Hauz Khas, Delhi, India - 110016

6 reviews

109 Students

+3 more
Contact
Referral Discount: Get ₹ 250 off when you make a payment to start classes. Get started by Booking a Demo.

Details verified of CAREER AVENUES✕

Identity

Education

Know how UrbanPro verifies Tutor details

Identity is verified based on matching the details uploaded by the Tutor with government databases.

Overview

South Delhi's No.1 Institute
(An ISO 9001:2008 Certified Institute)
Imparting Quality Education Since 2004

Coaching Available for -

School Classes :-
Class XI-XII (Science / Commerce / Arts)
Class IX-X & V-VIII (All Subjects)
Junior Wing : Class I - IV (All Subjects)


College Classes :-
B.Com M.Com BBA MBA (All Subjects)
B.Tech B.Sc (All subjects till 7 Sem)

Professional Classes :-
CA CS CMA (Foundation/ Intermediate)

An Elite panel of Faculties headed by-
Dr. Sachin Vijay
Ph.D M.Phil M.Sc M.Tech ( Gold Medalist)
Dept. of Science & Engineering

AND

Dr. Sadhana Sinha
Ph.D M.Phil M.Com MBA (Gold Medalist)
Dept. of Commerce & Management

Address

C-4

Green Park Extension

Hauz Khas, Delhi, India - 110016

Landmark: Near Green Park Metro Station

Verified Info

Phone Verified

Email Verified

Report this Profile

✕
x

Is this listing inaccurate or duplicate? Any other problem?

Please tell us about the problem and we will fix it.

Please describe the problem that you see in this page.

Type the letters as shown below *

Please enter the letters as show below

Teaches

Class 11 Tuition
1 review
18 Students

Class Location

Online (video chat via skype, google hangout etc)

At the Institute

Board

ISC/ICSE, CBSE, International Baccalaureate, State, IGCSE, NIOS

Subjects taught

Organisation of Commerce, Biology, Business and Management, Chemistry, Physics, Accountancy, Statistics, Mathematics, Economics, Business Studies, Commerce, Accounts, Computer Science

Class 12 Tuition
27 Students

Class Location

Online (video chat via skype, google hangout etc)

At the Institute

Board

ISC/ICSE, CBSE, International Baccalaureate, State, IGCSE, NIOS

Subjects taught

Accountancy, Statistics, Physics, Accounts, English, Economics, Chemistry, Commerce, Business Studies, Organisation of Commerce, Business and Management, Mathematics

Class 9 Tuition
2 reviews
5 Students

Class Location

Online (video chat via skype, google hangout etc)

At the Institute

Board

ICSE, International Baccalaureate, IGCSE, NIOS, State, CBSE

Subjects taught

Chemistry, Hindi, Business Studies, Science, Physics, Commercial Studies, Elements of business, Sanskrit, Mathematics, Economics, Accountancy, Commercial Applications

Class 10 Tuition
18 Students

Class Location

Online (video chat via skype, google hangout etc)

At the Institute

Board

ICSE, International Baccalaureate, IGCSE, NIOS, State, CBSE

Subjects taught

Commercial Studies, Business Studies, Economic Application, Mathematics, Physics, Elements of business, Commercial Applications, Economics, Chemistry, Science, Accountancy

Class 6 Tuition
1 Student

Class Location

Online (video chat via skype, google hangout etc)

At the Institute

Board

State, International Baccalaureate, CBSE, Cambridge Assessment International Education (CAIE), ICSE

Subjects taught

Science, Computers, Sanskrit, English, Hindi, Physics, Chemistry, Mathematics, EVS, Biology, Social science, Computer Science

Class 7 Tuition

Class Location

Online (video chat via skype, google hangout etc)

At the Institute

Board

State, International Baccalaureate, CBSE, Cambridge Assessment International Education (CAIE), ICSE

Subjects taught

Computer Science, Sanskrit, Social science, Biology, EVS, Computers, Chemistry, Mathematics, Science, Physics, English, Hindi

Class 8 Tuition
1 review
1 Student

Class Location

Online (video chat via skype, google hangout etc)

At the Institute

Board

State, International Baccalaureate, CBSE, Cambridge Assessment International Education (CAIE), ICSE

Subjects taught

English, Social science, Biology, Computer Science, EVS, Sanskrit, Physics, Science, Computers, Hindi, Chemistry, Mathematics

Class I-V Tuition
3 Students

Class Location

Online (video chat via skype, google hangout etc)

At the Institute

Board

State, CBSE, ICSE, Cambridge Assessment International Education (CAIE), International Baccalaureate

Subjects taught

Mathematics, Computers, Computer Science, Arts, English, EVS, Social Science, Hindi, Science, Social studies, Sanskrit

BCA Tuition
4 Students

Class Location

Online (video chat via skype, google hangout etc)

At the Institute

BCA Subject

Database Management Systems , C Language Programming, Data Communication and Networks, Computer Architecture, IT, Accountancy, Digital Electronics, Financial Accounting and Management, Business Organization , Programming in C++ , Computer Basics and PC Software , Data structures, Operation Research, Data and File Structures , Microprocessor, Algorithm Design , English, Communication Skills , Computer Networks , Mathematics

Type of class

Crash Course, Regular Classes

Class strength catered to

One on one/ Private Tutions, Group Classes

BTech Tuition
1 review
2 Students

Class Location

Online (video chat via skype, google hangout etc)

At the Institute

BTech Mechanical subjects

Electro Magnetic Theory, Operations Research, Strength of Materials, Thermodynamics, Elasticity & Plasticity, Mechatronics Engineering, Mechanics of Machines, Machine Design, Heat & Mass Transfer, Fluid Mechanics, Electronic Mesurement & Instrumentation

BTech Electrical & Electronics subjects

Computer Networks, Database Management Systems, Electromagnetic Theory, Microprocessors, Control Systems, Electrical Circuit Analysis, Communication Systems, Data Structures & Algorithms, Linear And Digital Control Theory, Circuit Theory, Power Electronics, Applications of Digital Signal Processing (DSP), Measurements & Instrumentation, Linear And Nonlinear Systems, (Dc- Ac) Direct Current-Alternatiing Current System Interaction, Signal Processing, Analog And Digital Communication, Solid State Drives

BTech Computer Science subjects

Computer Architecture, Computer Networks, Design Of Digital Systems, Microprocessors, Data Structures and Algorithms, Bioinformatics, Computer Hardware, Data Communication, Database Management Systems

BTech Branch

BTech Civil Engineering, BTech Mechantronics Engineering, BTech Computer Science Engineering, BTech Electrical & Communication Engineering, BTech Electrical & Electronics, BTech 1st Year Engineering, BTech Mechanical Engineering

BTech Electrical & Communication subjects

Optical Fiber Communication, Processors and Controllers, Semiconductor Device Physics, Power Electronics, Microwave Integrated Circuits, (IC) Integrated Circuit Systems, Satellite Communication, Digital Image Processing, Electronic Circuit Design, Consumer Electronics, Signals & Circuits Simulation, Digital System Design, Analog Electronics, Communication Networks, Digital Electronics, Network Analysis, Wireless Communication, Analog Communication, Digital Communication, Data Structures and Algorithms, Electronic System Design, Electromagnetic Waves, Electronic Instrumentation, Analog Signal Processing, Microcontrollers and Applications, Logic Design

Type of class

Crash Course, Regular Classes

BTech Mechantronics subjects

Computer Networks and Communication Protocols, Digital Integrated Circuits and Applications, Linear Integrated Circuits and Applications, Strength of Materials, Linear Control Theory, Digital Signal Processing, Database Management Systems, Theory of Machines

Class strength catered to

One on one/ Private Tutions, Group Classes

BTech 1st Year subjects

Basic Electrical Technology, Engineering Graphics, Advanced Mathematics (M2), Basic Mechanical Engineering, Environmental Studies, Biology For Engineers, Computer science, Basic Electronics, Engineering Chemistry, Communication Skills, Mechanics Of Solids, Engineering Mathematics (M1), Engineering Physics

BTech Civil subjects

Civil Engineering Materials And Construction, Concrete Design and Technology, Mechanics Of Structure, Design Of Steel Structures, Fluid Mechanics, Surveying, Strength & Mechanics Of Materials, Structural Analysis

Engineering Diploma Tuition
1 review
5 Students

Class Location

Online (video chat via skype, google hangout etc)

At the Institute

Engineering Diploma Branch

Mechanical Engineering Diploma, Electrical Engineering Diploma, Electronics, Computer Engineering Diploma, Engineering Diploma 1st Year, Civil Engineering Diploma

Engineering Diploma Subject

Applied Science ( Mechanical & Plastic ), Engineering Mechanics, Basic Physics, Basic Math, English, Basic Chemistry, Computer Fundamentals, Communication Skills, Engineering Graphics, Engineering Mathematics

Mechanical Engineering Diploma Subject

Fundamentals of Electronics, Thermal Engineering, Power Engineering, Measurements & Control, Mechanical Engineering Materials, Electrical Engineering, Computer Programming, Strength of Materials, Theory of Machines & Mechanisms, Fluid Mechanics and Machinery

Computer Engineering Diploma Subject

Computer Network, Operating System, Microprocessor and Programming, Data Structure Using 'C', Basics of C Programming, Applied Mathematics, Computer Graphics, Digital Techniques, Computer Hardware and Maintenace, Advanced Microprocessor

Civil Engineering Diploma Subject

Building Construction, Theory Of Structures, Design of Structures, Concrete Technology, Applied Mathematics (CE and ME Group), Mechanics of Structures, Surveying, Design Of Steel Structures

Type of class

Crash Course, Regular Classes

Class strength catered to

One on one/ Private Tutions, Group Classes

Electrical Engineering Diploma Subject

Electrical And Electronics Engineering Material, Electrical Machines, Principles Of Management And Costing, Electronic Devices And Logic Circuit, Basic Electronics, Power Electronics, Control System Components, Computer Programming, Electric Circuit Theory

BBA Tuition
2 Students

Class Location

Online (video chat via skype, google hangout etc)

At the Institute

BBA Subject

Environmental Management & Corporate Social Responsibility, Auditing, India Socio Political Economics System & Current Affairs, Management Information System, Human Resource Management, Business Research Methods, Entrepreneurial Management, Corporate Environment, Quantitative Methods for Business, Cost Accounting, Taxation, E-Business, Management Process, Fundamentals of Accounting, Marketing, Strategic Management, English, Financial Accounting, Management Accounting, Mathematics, Materials Management, Business Ethics & Corporate governance, Statistics, Micro and Macro Economics, Corporate Accounting, Computer Applications in Business, Business Organization and Environment, International Business, Marketing Management, Organizational Behavior, Financial Management

Type of class

Crash Course, Regular Classes

Class strength catered to

One on one/ Private Tutions, Group Classes

Upcoming Live Classes

Reviews (6)

4.7 out of 5 6 reviews

CAREER AVENUES https://www.urbanpro.com/assets/new-ui/institute-100X100.png Hauz Khas
4.7056
CAREER AVENUES
A

Class 9 Tuition

"Excellent fraudster, again and again, messaging me to do the admission formalities, calling, and now thinking to block them "

CAREER AVENUES
P

Class 8 Tuition

"Perfect place for the students, nice teachers, safe environment, cab facility, well managed staff. "

CAREER AVENUES
N

Engineering Diploma Tuition

"I found Career avenues as one of the most sincere institute that provides quality in classes that I took.The teaching staff was very proactive, understanding and helpful. "

CAREER AVENUES
V

Class 9 Tuition

"One the best Institute in Delhi, versatile in educational system.Highly qualified faculties and management.Safe and secure place for Children to study. "

Contact

View All Reviews
Have you attended any class with CAREER AVENUES?

FAQs

1. Which school boards of Class 12 do you teach for?

ISC/ICSE, CBSE, International Baccalaureate and others

2. Which classes do you teach?

We teach BBA Tuition, BCA Tuition, BTech Tuition, Class 10 Tuition, Class 11 Tuition, Class 12 Tuition, Class 6 Tuition, Class 7 Tuition, Class 8 Tuition and Class 9 Tuition Classes

3. Do you provide a demo class?

Yes, We provide a free demo class.

4. Where are you located?

We are located in Hauz Khas, Delhi.

Contact

Answers by CAREER AVENUES (1)

Answered on 06/03/2018 Learn CBSE - Class 11/Economics +1 Tuition/Class XI-XII Tuition (PUC)

How is money used as a medium of exchange? Explain.

A medium of exchange is an intermediary instrument used to facilitate the sale, purchase or trade of goods between parties. For an instrument to function as a medium of exchange, it must represent a standard of value accepted by all parties. In modern economies, the medium of exchange is currency. The... ...more

A medium of exchange is an intermediary instrument used to facilitate the sale, purchase or trade of goods between parties. For an instrument to function as a medium of exchange, it must represent a standard of value accepted by all parties. In modern economies, the medium of exchange is currency.

The use of a medium of exchange allows for greater efficiency in an economy and creates more trade. In a traditional barter system, trade between two parties could only occur if one party had and wanted what the other party had and wanted, and vice versa. But the chances of this occurring at the same time are minimal. Let's say one party had a cow and the other had a lawn mower: with a medium of exchange such as gold coins, all the cow owner would have to do is find a buyer for the cow and she would receive gold coins. Then all she would have to do is find someone selling a lawn mower, which she could purchase with gold coins.

Money enables anyone who has it to participate equally in market. When consumers use it to purchase something, they are essentially making a bid in response to an asking price. That is what brings order and predictability to the marketplace. Producers know what to produce and how much to charge and consumers can plan their budgets around predictable pricing.

When money, as represented by a currency, is no longer viable as a medium of exchange, or its monetary units can no longer be accurately valued, there is no predictability, no ability to plan, no ability to gauge supply and demand. In short, the markets become chaotic. Prices are bid up for fear of scarcity and the unknown, and supply is diminished from hoarding and the inability of producers to replace it quickly enough.

Alternative currencies have been used throughout time as a means to spur commerce or augment a national currency in times of economic duress. In the early 20th century, companies were forced to issue company scrip and other forms of emergency currency in order to pay their workers massive bank failures caused wide-spread cash shortages. The scrip could be redeemed for food and services or held for future redemption in U.S. Dollars when they became available.

Answers 2 Comments
Dislike Bookmark

Contact

Teaches

Class 11 Tuition
1 review
18 Students

Class Location

Online (video chat via skype, google hangout etc)

At the Institute

Board

ISC/ICSE, CBSE, International Baccalaureate, State, IGCSE, NIOS

Subjects taught

Organisation of Commerce, Biology, Business and Management, Chemistry, Physics, Accountancy, Statistics, Mathematics, Economics, Business Studies, Commerce, Accounts, Computer Science

Class 12 Tuition
27 Students

Class Location

Online (video chat via skype, google hangout etc)

At the Institute

Board

ISC/ICSE, CBSE, International Baccalaureate, State, IGCSE, NIOS

Subjects taught

Accountancy, Statistics, Physics, Accounts, English, Economics, Chemistry, Commerce, Business Studies, Organisation of Commerce, Business and Management, Mathematics

Class 9 Tuition
2 reviews
5 Students

Class Location

Online (video chat via skype, google hangout etc)

At the Institute

Board

ICSE, International Baccalaureate, IGCSE, NIOS, State, CBSE

Subjects taught

Chemistry, Hindi, Business Studies, Science, Physics, Commercial Studies, Elements of business, Sanskrit, Mathematics, Economics, Accountancy, Commercial Applications

Class 10 Tuition
18 Students

Class Location

Online (video chat via skype, google hangout etc)

At the Institute

Board

ICSE, International Baccalaureate, IGCSE, NIOS, State, CBSE

Subjects taught

Commercial Studies, Business Studies, Economic Application, Mathematics, Physics, Elements of business, Commercial Applications, Economics, Chemistry, Science, Accountancy

Class 6 Tuition
1 Student

Class Location

Online (video chat via skype, google hangout etc)

At the Institute

Board

State, International Baccalaureate, CBSE, Cambridge Assessment International Education (CAIE), ICSE

Subjects taught

Science, Computers, Sanskrit, English, Hindi, Physics, Chemistry, Mathematics, EVS, Biology, Social science, Computer Science

Class 7 Tuition

Class Location

Online (video chat via skype, google hangout etc)

At the Institute

Board

State, International Baccalaureate, CBSE, Cambridge Assessment International Education (CAIE), ICSE

Subjects taught

Computer Science, Sanskrit, Social science, Biology, EVS, Computers, Chemistry, Mathematics, Science, Physics, English, Hindi

Class 8 Tuition
1 review
1 Student

Class Location

Online (video chat via skype, google hangout etc)

At the Institute

Board

State, International Baccalaureate, CBSE, Cambridge Assessment International Education (CAIE), ICSE

Subjects taught

English, Social science, Biology, Computer Science, EVS, Sanskrit, Physics, Science, Computers, Hindi, Chemistry, Mathematics

Class I-V Tuition
3 Students

Class Location

Online (video chat via skype, google hangout etc)

At the Institute

Board

State, CBSE, ICSE, Cambridge Assessment International Education (CAIE), International Baccalaureate

Subjects taught

Mathematics, Computers, Computer Science, Arts, English, EVS, Social Science, Hindi, Science, Social studies, Sanskrit

BCA Tuition
4 Students

Class Location

Online (video chat via skype, google hangout etc)

At the Institute

BCA Subject

Database Management Systems , C Language Programming, Data Communication and Networks, Computer Architecture, IT, Accountancy, Digital Electronics, Financial Accounting and Management, Business Organization , Programming in C++ , Computer Basics and PC Software , Data structures, Operation Research, Data and File Structures , Microprocessor, Algorithm Design , English, Communication Skills , Computer Networks , Mathematics

Type of class

Crash Course, Regular Classes

Class strength catered to

One on one/ Private Tutions, Group Classes

BTech Tuition
1 review
2 Students

Class Location

Online (video chat via skype, google hangout etc)

At the Institute

BTech Mechanical subjects

Electro Magnetic Theory, Operations Research, Strength of Materials, Thermodynamics, Elasticity & Plasticity, Mechatronics Engineering, Mechanics of Machines, Machine Design, Heat & Mass Transfer, Fluid Mechanics, Electronic Mesurement & Instrumentation

BTech Electrical & Electronics subjects

Computer Networks, Database Management Systems, Electromagnetic Theory, Microprocessors, Control Systems, Electrical Circuit Analysis, Communication Systems, Data Structures & Algorithms, Linear And Digital Control Theory, Circuit Theory, Power Electronics, Applications of Digital Signal Processing (DSP), Measurements & Instrumentation, Linear And Nonlinear Systems, (Dc- Ac) Direct Current-Alternatiing Current System Interaction, Signal Processing, Analog And Digital Communication, Solid State Drives

BTech Computer Science subjects

Computer Architecture, Computer Networks, Design Of Digital Systems, Microprocessors, Data Structures and Algorithms, Bioinformatics, Computer Hardware, Data Communication, Database Management Systems

BTech Branch

BTech Civil Engineering, BTech Mechantronics Engineering, BTech Computer Science Engineering, BTech Electrical & Communication Engineering, BTech Electrical & Electronics, BTech 1st Year Engineering, BTech Mechanical Engineering

BTech Electrical & Communication subjects

Optical Fiber Communication, Processors and Controllers, Semiconductor Device Physics, Power Electronics, Microwave Integrated Circuits, (IC) Integrated Circuit Systems, Satellite Communication, Digital Image Processing, Electronic Circuit Design, Consumer Electronics, Signals & Circuits Simulation, Digital System Design, Analog Electronics, Communication Networks, Digital Electronics, Network Analysis, Wireless Communication, Analog Communication, Digital Communication, Data Structures and Algorithms, Electronic System Design, Electromagnetic Waves, Electronic Instrumentation, Analog Signal Processing, Microcontrollers and Applications, Logic Design

Type of class

Crash Course, Regular Classes

BTech Mechantronics subjects

Computer Networks and Communication Protocols, Digital Integrated Circuits and Applications, Linear Integrated Circuits and Applications, Strength of Materials, Linear Control Theory, Digital Signal Processing, Database Management Systems, Theory of Machines

Class strength catered to

One on one/ Private Tutions, Group Classes

BTech 1st Year subjects

Basic Electrical Technology, Engineering Graphics, Advanced Mathematics (M2), Basic Mechanical Engineering, Environmental Studies, Biology For Engineers, Computer science, Basic Electronics, Engineering Chemistry, Communication Skills, Mechanics Of Solids, Engineering Mathematics (M1), Engineering Physics

BTech Civil subjects

Civil Engineering Materials And Construction, Concrete Design and Technology, Mechanics Of Structure, Design Of Steel Structures, Fluid Mechanics, Surveying, Strength & Mechanics Of Materials, Structural Analysis

Engineering Diploma Tuition
1 review
5 Students

Class Location

Online (video chat via skype, google hangout etc)

At the Institute

Engineering Diploma Branch

Mechanical Engineering Diploma, Electrical Engineering Diploma, Electronics, Computer Engineering Diploma, Engineering Diploma 1st Year, Civil Engineering Diploma

Engineering Diploma Subject

Applied Science ( Mechanical & Plastic ), Engineering Mechanics, Basic Physics, Basic Math, English, Basic Chemistry, Computer Fundamentals, Communication Skills, Engineering Graphics, Engineering Mathematics

Mechanical Engineering Diploma Subject

Fundamentals of Electronics, Thermal Engineering, Power Engineering, Measurements & Control, Mechanical Engineering Materials, Electrical Engineering, Computer Programming, Strength of Materials, Theory of Machines & Mechanisms, Fluid Mechanics and Machinery

Computer Engineering Diploma Subject

Computer Network, Operating System, Microprocessor and Programming, Data Structure Using 'C', Basics of C Programming, Applied Mathematics, Computer Graphics, Digital Techniques, Computer Hardware and Maintenace, Advanced Microprocessor

Civil Engineering Diploma Subject

Building Construction, Theory Of Structures, Design of Structures, Concrete Technology, Applied Mathematics (CE and ME Group), Mechanics of Structures, Surveying, Design Of Steel Structures

Type of class

Crash Course, Regular Classes

Class strength catered to

One on one/ Private Tutions, Group Classes

Electrical Engineering Diploma Subject

Electrical And Electronics Engineering Material, Electrical Machines, Principles Of Management And Costing, Electronic Devices And Logic Circuit, Basic Electronics, Power Electronics, Control System Components, Computer Programming, Electric Circuit Theory

BBA Tuition
2 Students

Class Location

Online (video chat via skype, google hangout etc)

At the Institute

BBA Subject

Environmental Management & Corporate Social Responsibility, Auditing, India Socio Political Economics System & Current Affairs, Management Information System, Human Resource Management, Business Research Methods, Entrepreneurial Management, Corporate Environment, Quantitative Methods for Business, Cost Accounting, Taxation, E-Business, Management Process, Fundamentals of Accounting, Marketing, Strategic Management, English, Financial Accounting, Management Accounting, Mathematics, Materials Management, Business Ethics & Corporate governance, Statistics, Micro and Macro Economics, Corporate Accounting, Computer Applications in Business, Business Organization and Environment, International Business, Marketing Management, Organizational Behavior, Financial Management

Type of class

Crash Course, Regular Classes

Class strength catered to

One on one/ Private Tutions, Group Classes

Upcoming Live Classes

Answers by CAREER AVENUES (1)

Answered on 06/03/2018 Learn CBSE - Class 11/Economics +1 Tuition/Class XI-XII Tuition (PUC)

How is money used as a medium of exchange? Explain.

A medium of exchange is an intermediary instrument used to facilitate the sale, purchase or trade of goods between parties. For an instrument to function as a medium of exchange, it must represent a standard of value accepted by all parties. In modern economies, the medium of exchange is currency. The... ...more

A medium of exchange is an intermediary instrument used to facilitate the sale, purchase or trade of goods between parties. For an instrument to function as a medium of exchange, it must represent a standard of value accepted by all parties. In modern economies, the medium of exchange is currency.

The use of a medium of exchange allows for greater efficiency in an economy and creates more trade. In a traditional barter system, trade between two parties could only occur if one party had and wanted what the other party had and wanted, and vice versa. But the chances of this occurring at the same time are minimal. Let's say one party had a cow and the other had a lawn mower: with a medium of exchange such as gold coins, all the cow owner would have to do is find a buyer for the cow and she would receive gold coins. Then all she would have to do is find someone selling a lawn mower, which she could purchase with gold coins.

Money enables anyone who has it to participate equally in market. When consumers use it to purchase something, they are essentially making a bid in response to an asking price. That is what brings order and predictability to the marketplace. Producers know what to produce and how much to charge and consumers can plan their budgets around predictable pricing.

When money, as represented by a currency, is no longer viable as a medium of exchange, or its monetary units can no longer be accurately valued, there is no predictability, no ability to plan, no ability to gauge supply and demand. In short, the markets become chaotic. Prices are bid up for fear of scarcity and the unknown, and supply is diminished from hoarding and the inability of producers to replace it quickly enough.

Alternative currencies have been used throughout time as a means to spur commerce or augment a national currency in times of economic duress. In the early 20th century, companies were forced to issue company scrip and other forms of emergency currency in order to pay their workers massive bank failures caused wide-spread cash shortages. The scrip could be redeemed for food and services or held for future redemption in U.S. Dollars when they became available.

Answers 2 Comments
Dislike Bookmark

Contact

CAREER AVENUES conducts classes in BBA Tuition, BCA Tuition and BTech Tuition. It is located in Hauz Khas, Delhi. It takes Regular Classes- at the Institute and Online Classes- via online medium. It has got 6 reviews till now with 100% positive feedback.

X

Share this Profile

Recommended Profiles

Deepak Kumar

Deepak Kumar photo Hauz Khas, Delhi

MD SHAHNAWAZ AZIZ

MD SHAHNAWAZ AZIZ photo Jamia Nagar, Delhi

Chauhan Institute of Mathematics and Science

Chauhan Institute of Mathematics and Science photo Rohini, Delhi

Aggarwal Classes - Institute Of Education

Aggarwal Classes - Institute Of Education photo Roshanara Road, Delhi

D.P. Mishra

D.P. Mishra photo Sarvodya Enclave, Delhi

IOE Innovative Young Creative Minds...

IOE Innovative Young Creative Minds... photo Malviya Nagar, Delhi

Also have a look at

Learn More

NCERT Solutions for Class 9 CBSE Class 10 Syllabus NCERT Class 10 Solutions NCERT Solutions For Class 11 NCERT Class 12 Solutions CBSE Syllabus for Class 12 NCERT Solutions for Class 6 NCERT Solutions For Class 7 NCERT Solutions for Class 8 CBSE Syllabus for Class 8

Reply to 's review

Enter your reply*

1500/1500

Please enter your reply

Your reply should contain a minimum of 10 characters

Your reply has been successfully submitted.

✕

Certified

The Certified badge indicates that the Tutor has received good amount of positive feedback from Students.

✕

Different batches available for this Course

Book a Free Demo

This website uses cookies

We use cookies to improve user experience. Choose what cookies you allow us to use. You can read more about our Cookie Policy in our Privacy Policy

Accept All
Decline All

UrbanPro.com is India's largest network of most trusted tutors and institutes. Over 55 lakh students rely on UrbanPro.com, to fulfill their learning requirements across 1,000+ categories. Using UrbanPro.com, parents, and students can compare multiple Tutors and Institutes and choose the one that best suits their requirements. More than 7.5 lakh verified Tutors and Institutes are helping millions of students every day and growing their tutoring business on UrbanPro.com. Whether you are looking for a tutor to learn mathematics, a German language trainer to brush up your German language skills or an institute to upgrade your IT skills, we have got the best selection of Tutors and Training Institutes for you. Read more

ThinkVidya Learning Pvt Ltd © 2010-2025 All Rights Reserved