answersLogoWhite

0


Best Answer

The ability to travel between towns was needed for successful bartering between settlements.

User Avatar

Wiki User

6y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

8y ago

the ability t0 travel between towns

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What was needed for successful bartering between settlements?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Economics

What was needed between successful bartering between settlements?

The ability to travel between towns was needed for successful bartering between settlements.


Did the lydians developed a money economy because the barter system was limited?

Yes because it made trading for the goods and services you needed much simpler than bartering


What was needed for successful bartering settlement?

Direct exchange requires that you have something that somebody else wants, and that THAT PERSON have something else that YOU want - and that you both agree that what you have is worth what he has. A bartering system requires that you have something that somebody else wants, and that somebody else has something that YOU want - and that you can trade one thing for another, even if you need to get three or more people who all swap things. It works pretty well in a small farming community, for example; you have grain from your crops, and you trade your grain for eggs from your neighbor's chickens. Then you can bake a cake and give it to the blacksmith, in exchange for shoeing your horse. Outside of a small community, barter breaks down; you need something that nobody in town can make or grow. Traveling merchants may provide luxuries like jewelry in exchange for food and lodging, but what if the merchant has just left - or your crops aren't ready to harvest? Every larger society has developed a medium of exchange in which everybody agrees that this object represents a value that can be traded, and to an extent, they all agree on what is worth what. Here in Earth, and in most places, the medium of exchange, the "object of value", is gold and silver. When stamped into disks of standardized size and weight, and marked with the maker's seals, it becomes a "coin", and forms the basis for money. But "money" is only of value for what you can DO with it. You can't eat gold; you can only trade it for something else. It's a marker for keeping score. Today, the markers for keeping score are bits, ones and zeroes in a computer system.


The difference between essential and luxury goods?

essential-needed to survive luxury-wanted


What was the biggest economic disadvantage of Southern States during Civil War?

The successful Northern blockade, preventing the Confederacy from importing the war supplies it needed, having no manufacturing capacity of its own.

Related questions

What needed for successful bartering between settlements?

The ability to travel between towns was needed for successful bartering between settlements.


What was needed between successful bartering between settlements?

The ability to travel between towns was needed for successful bartering between settlements.


What was needed for successful butter between settlements?

For successful butter, you need cows. Also a butter churn.


Pioneers often traded items they had for items they needed from the other pioneers what was this system of exchanging goods called personal finance?

bartering


Is college needed to be successful?

College is not necessary to be successful. However college is needed to qualify for many jobs.


Abilities needed to be a successful psycologist?

yes


Did the lydians developed a money economy because the barter system was limited?

Yes because it made trading for the goods and services you needed much simpler than bartering


Many colonial settlements were founded near the mouths of rivers because?

because they needed water for everything


What was the first requirement all colonial settlements needed to have in the 1600s?

a chater from the british king


What skills are needed to be successful in programmes?

skill and concentration


What skills are needed for successful animal observations?

eyes


What is needed for successful communications between two or more computers or devices to transfer data instructions and information?

a physical hardware linka communication protocol definition