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Reasons why people began to trade?

Updated: 9/17/2023
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14y ago

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Trading is governed by a simple term - supply and demand.

In earliest of times people would barter products for products. If person A owned 5 sheep and 5 lambs and a person B down the road owned 25 chickens - it would be considered wise to offer a lamb for 4 chickens as an example - That way person A builds a chickens that can lay eggs - person B gets a lamb that can be used to grow and either slaughtered for meat Or used to reproduce more lambs - by offering a chick for a ram to mate with his sheep from Person C further down the road.

A classic case of trade were Egyptians who had hundreds of ships in and out of Alexandria where country's close to Egypt wanted their oils and perfumes and would trade linen, cloths and dyes for coloring these

Even now there are countries that can only produce certain products and other want that product as well - therefore they have to buy it in

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14y ago
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