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How does barter work?
In barter, two people willingly exchange goods or services - no cash involved. As in I'll wash your car if you'll go to the store for me. Or, I'll trade my lawn mower for baby sitting from you.
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Why do people barter?
1. People barter for the mere pleasure of getting a better deal than they deserve. 2. People also barter to engage in a lively conversation.
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What is a barter economy?
Market.
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What is a trade or barter?
Barter or trade is direct exchange of goods or services withouth the use of money or any other intervening medium of exchange.
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What did the Greeks barter?
Before the current monetary system evolved, a common trade system was bartering. Everything from goods(such as cloth, pottery, etc) to services(work done by carpenters, maids, etc) could be traded in...