0
What is Trade bartering and forms of money in traditional south African societies?
Wiki User
∙ 6y agoWant this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What is exchange of goods and services?
trade or bartering
What is the term for trade that is based on the exchange of goods rather than for money?
This is known as bartering.
What is the exchange of goods without using money?
This is called the barter system.
How could a society without money work?
Societies without money function mainly on a bartering (trading) system. As in, I'll trade you ten bushels of corn for a goat, etc. History shows us that may work INTERNALLY for a long time, but cannot work well between societies. An agreed on money always emerges.
What is barter and what is trade?
Trading is different from bartering when it involves money, trading does not include money while bartering does. The reason is that trading with money would be buying while bartering would be adding both goods/services and money to buy something.For instance: You have $50 and some lightly used engine parts you would like to trade for a new $90 bicycle. That would be bartering.But if you paid $90 for it that would be a purchase.While if you gave them $90 worth of parts it would be trade.
In what ways did the Atlantic trade positively affect west African societies and economies?
The Atlantic slave trade only positively affected those in West African societies who were involved in the trade itself, otherwise it was a disaster. The people who kidnapped individuals to sell them into slavery benefited financially.
Did the pioneers trade with the Indians?
bartering?
How did the silk road and the African gold-salt trade facilitate the spread of ideas and trade?
In both cases, societies were brought into contact through trade. The cultural exchanges that went along with that trade enriched those societies.
What led to the rise of the kings in West African societies?
As West African societies developed complex trade systems, some powerful individuals called kings gained control
What early African societies contributed to world culture through trade?
our,world culture
What was the worst result of slave trade?
millions of the African slaves died and it effected the African population and weakened many societies
How did trade contribute to the growth and prosperity of early African states and societies?
Trade allowed early African states and societies to access a variety of goods, technologies, and ideas from neighboring regions, stimulating economic growth and development. It facilitated the exchange of commodities such as gold, salt, ivory, and slaves, leading to increased wealth and power for those engaged in trade networks. Additionally, trade fostered cultural exchange, contributing to the richness and diversity of African societies.
Money replaced what system of trade?
Bartering
What term describes a limit on trade?
Bartering
What is exchange of goods and services?
trade or bartering
How was traditional African music brought to America?
Uh, the slave trade?
What is the term for trade that is based on the exchange of goods rather than for money?
This is known as bartering.
