answersLogoWhite

0

Who developed bartering?

User Avatar

Anonymous

9y ago
Updated: 11/10/2020

Bartering has been with humanity since the Stone Age. We do not have a name for the person who first realized that exchanging goods or services for other goods or services was a good idea.

User Avatar

Wiki User

9y ago

What else can I help you with?

Related Questions

Less developed countries generate funds to promote development through?

Bartering with urban residents


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.


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


How do you use the word bartering in a sentence?

Bartering involves trading goods and services without the use of money. The politician had been bartering favors for information during most of his career.


What is the term for trade that is based on the exchange of goods rather than for money?

This is known as bartering.


When did international bartering begin in the middle ages?

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


Is bartering good?

yes


What is the exchange of goods without using money?

This is called the barter system.


Can bartering be taxed?

Bartering can be taxed if it involves income. If the goods are traded for fair value, it may be tax exempt.


Does bartering have lower transaction costs?

No the transaction cost of bartering is higher because in this various types of cost ared included.