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When has barter been used in the US?

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Anonymous

9y ago
Updated: 11/10/2020

Bartering is rarely used in the US. Money is more useful than barter in most cases, though, since money is exchangeable for any desirable good or medium. Barter is only useful if both parties want a good or service that the other party can render. As a result, unless Americans actually wish to exchange goods for less than market value, they will opt to do a transaction valuated in currency.

Probably the most famous acts of barter in the USA were the pre-independence relations between European colonists and the Amerindian Tribes. Since these tribes did not have currency, bartering was the only way to get necessities, like food, land, and resources.

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Wiki User

9y ago

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