Trde goods and food.
Without money the world would have been dominated by barter trade
Baghdad became such an important center of world trade because Baghdad provided goods that people wanted like gold,silver, iron, pearls, and food. People would come to get those goods, and Baghdad will get money and they became an important center of world trade. :D
Fair trade is something for our 3rd world. When you buy something like fair trade chocolate the poor people who make the cocoa beans are guaranteed the same good money every time. So the poor people never go too hungry if the price of cocoa beans dropped because they will be payed the same. Generally world trade is just the world trading. Like we cannot grow grapes so France would grow them and we will trade with France and other countrys for other objects for something that we grow or our money.
Trade is unfair because the government etc. Pay people less money than you would think but Fair Trade is The complete opposite
The alternative to using money is to trade. Rather than using money as a measure of value people trade goods and services for other goods and services. If I offer to clean your house in exchange for you repairing the brakes on my car, that is an example of trading. With money, this transaction would still be the same, but money would represent the value passed between people. I would give you money for repairing my car and then you would give it back to me when I cleaned your house.
The alternative to using money is to trade. Rather than using money as a measure of value people trade goods and services for other goods and services. If I offer to clean your house in exchange for you repairing the brakes on my car, that is an example of trading. With money, this transaction would still be the same, but money would represent the value passed between people. I would give you money for repairing my car and then you would give it back to me when I cleaned your house.
the people would take there barley and go to what I call trading triangle and trade it but they could sell the barley...
the people would take there barley and go to what I call trading triangle and trade it but they could sell the barley...
Because of the location in New York it is one big graveyard of where those people died it would bring back bad memories it would be great to have them back and there is also the issue of money.
Land trade would become more important and lead to the caravan industry and a thriving trade base economy ~Ej1 Silvia-R
They argued that using silver as money would lead to inflation and undermine the economy. They proffered to trade.
We give un fair prices to the people in the 3rd world.