1. Explain clearly the relation between the division of labor and exchange.
2. To what extent is exchange dependent upon transportation and communication?
3. Name three types of co÷rdinators, and distinguish between them.
4. Illustrate the functions of the middleman with reference to the shoe industry.
5. Where there exist in a community more middlemen than are really needed, what double loss results?
6. What is barter?
7. Why is barter not extensively used in modern industry?
8. Define money.
9. What is the primary function of money?
10. Give an illustration of the service performed by money.