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Sunday, July 26, 2020

Bartering

Bartering


Bartering



Bartering is what people used to get supplies before money was created. They used to do things like this “I will give you two logs if you give me five carrots”. But the trades have to be fair and equal otherwise the other person might not agree with your trade.  For example, a liter of milk might not have the same value as one dozen bananas, one pound of cement, or one hour of hard work and labor on a hot or freezing cold day on a farm on a farm. Another example is that someone could ask another farmer to trade a pound of peaches for a pound of bananas or apples that would be an example of fair trade. Some trades might be fair or unfair. The most common things that were traded were livestock like sheep, cows, chickens, and pigs crops like apples and carrots were also very high in the battering system.


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