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early people used what they possessed (food, clothing, animals, SKILL/SERVICE)in exchange for a product or item they desired (milk, carpet, clothing, jewelries, spice, veggies etc..) from someone else; this exchange was done WITHOUT any form of MONEY involved, for this reason the exchange was called "BARTER"
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∙ 9y ago
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What system is the exchange of one product for another?
Barter is a system of trade where people exchange good or services without the involvement of money.
Why do people accept US money in exchange for goods and services?
The value of a good or service can be measured with money.
The exchange of good and services?
Is helping the community and being kind
What is Different between currency paper and notebook paper?
Currency is something people are willing to accept in exchange for goods or services. Dollar bills and coins are example of currency. Most people will not accept notebook paper in exchange for providing a good or service, and thus it is not considered currency.
How does having money make life easier?
Money is a medium of exchange for good and services. What this means is, you can give people money to get them to give you things and do things for you. With the help of other people, life is much easier.
What goods and services did the early colony produce?
they produced something good
What is fraudulent exchange?
First you should know the meaning of fraudulent. The term fraudulent comes from fraud, so it means fraud. Exchange means give and take.. Fraudulent exchange means fraud exchange of good and services among parties.
What are good stuff the middle ages lords did?
The lords gave vassals land in exchange for military and other services
When to use contract?
Use a contract any time there is an expectation of good, services or money from two parties in exchange.
When to use contractions?
Use a contract any time there is an expectation of good, services or money from two parties in exchange.
How do modern operating system works?
modern operation system work by back then people use good and services of an exchange to get what they wanted for example if you have a dozen bananas and i have a cow you have me the bananas and i give you the cow
What is the exchange of goods or services without the use of money?
The exchange of one good for another without the use of money is called Barter.
