Start learning →

Keeping goods beyond immediate need, fearing shortage or expecting higher prices, is called what?

ASubsidy
BHoarding
CRationing
DBartering
Answer & Solution
Correct answer: B. Hoarding
Accumulating goods beyond immediate need out of fear of shortages or expected price rises is hoarding.
Practise this question with Quill — CBSE Class 9 →

Keep practising Markets and Price Mechanisms

Browse all Markets and Price Mechanisms questions for CBSE Class 9, or explore more Social Science topics.

Start a Markets and Price Mechanisms lesson →