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What was the role of bartering?

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Anonymous

9y ago
Updated: 11/10/2020

Bartering is the exchange of goods or services for other goods or services, without money. E.g. I will cut your hair if you give me two books.

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Wiki User

9y ago

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What will be a good sentence for the bartering?

my mom once was bartering at stripendales


What are three limitations of bartering?

The three limitations of bartering are desirability, transferability and divisibility.


Is barter a simple society?

Bartering occurs primarily in simple societies, but the presence of bartering does not indicate a simple society unless there are no currency transactions alongside the bartering.


When did bartering begin in Greece?

Bartering in Greece can be traced back to ancient times, with evidence suggesting that it was practiced as early as the 8th century BCE. This system of direct exchange of goods and services was common before the introduction of coinage in the 7th century BCE, which facilitated trade. Bartering played a crucial role in local economies and commerce, especially in the context of small communities and rural areas.


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International bartering in the medieval times started about 1000 A.D.


Is bartering good?

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Can bartering be taxed?

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Why did people begin using coin money instead of bartering?

Because it is a more efficient means of exchange than bartering.


Does bartering have lower transaction costs?

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