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What economy is where goods and services are traded?
In a Traditional economy goods and service are either by sharing or trading.
How were goods and services distributed?
they produced and traded goods and services-food, shelter, boomerangs for hunting to satisfy their basic needs. Young men became hunters. young women gathered food and took care of their families. People willingly shared and traded basic goods and services.
Something which may be used to create goods or services?
something which may be used to create goods or services
What are medieval blacksmith prices?
There may have been monetary costs, but just as often as not tradesman used barter as a means to exchange services for services, goods for services or goods for goods. In other words, they traded.
Explain different between goods and services?
goods are physical. services are something you do for someone.
What was Aztec money made out of?
The Aztecs didn't have a money system, they traded in goods and services.
What did ancient sumerians practice when they traded goods and services without using money?
Barter
What are examples of economy?
An economy exists whenever there are goods and/or services to be sold or traded. If you make something with your own hands, and then sell or trade it to someone who has made something you need, this is an example of economy.
How did phoenicians pay?
Since Phoenicians had faced difficulties with whom they traded with, they bartered, or exchanged goods and services.
What is a export or a import?
Import- something brought in from somewhere else export- something taken to be sold/traded somewhere else The general meaning of the word "export" is to "send goods or services to another country for sale". "To import" means "bring goods or services into a country from abroad for sale".
How were good purchased from the east without an abundance of silver and gold?
Goods were traded for goods instead of money or something with monetary value.
What goods and services are produced?
the goods and services that are produced are maids because they service you and a car because a good is something that is good
