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What are Goods or services bought with other goods or services called?
Wiki User
∙ 8y ago
This is the barter system.
Wiki User
∙ 8y ago
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What is a lack of goods or services called?
what is a lack of goods and services called
What is it called when you have money to buy goods or services?
If you have money to buy goods and services you are said to be 'solvent'. When you have no money to by goods and services you are said to be 'insolvent'.
Manufactured goods needed to produce other goods and services are called?
Capital Goods.
What type of system did the early colonists use when they bought and sold goods and services?
medium of exchange and or bartering for goods
What is a system of allocating scarce goods and services using criteria other than price called?
A barter system, where people trade their goods and services for other goods or services as opposed to trading goods and services for money.
Which market or markets are consumer goods and services bought into?
Goods or services bought by a consumer are bought in the consumer market. The consumer market includes fast moving consumer goods, consumer durables, soft goods and services.
What is a lack of goods or services called?
what is a lack of goods and services called
How would you define imports?
goods and services bought from other countries are called imports.
What is a business that produces goods or services called?
A business that produces goods or services is called an industry.
What is it called when you have money to buy goods or services?
If you have money to buy goods and services you are said to be 'solvent'. When you have no money to by goods and services you are said to be 'insolvent'.
Manufactured goods needed to produce other goods and services are called?
Capital Goods.
What type of system did the early colonists use when they bought and sold goods and services?
medium of exchange and or bartering for goods
What is a system of allocating scarce goods and services using criteria other than price called?
A barter system, where people trade their goods and services for other goods or services as opposed to trading goods and services for money.
When money is not used and goods and services are exchanged for other goods and services this system is called?
It's called TRADE BY BARTER.
Goods prouduced for the pupose of making other goods and services are called?
The hiring of labor power only results in the production of goods or services.
The means by which goods and services are bought and sold freely is known as?
Market
The means by which goods and services are bought and sold freely is known as a?
Market
