0
Money has been in use since ancient China and bartering hasn’t been replaced. People still barter for things and help. Money could be carried around and used anywhere compared to having to make a deal with another person. For thousands of years trade has been going on between nations and people.
Wiki User
∙ 6y ago
Add your answer:
Earn +20 pts
Money replaced what system of trade?
Bartering
Which describes the type of exchange that does not use money?
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.
In societies before money was invented what system did they use?
bartering
What is barter money?
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. Since bartering is exclusive to the use of money, there is no such thing as "barter money".
Trading without the use of money is called?
Trading without the use of money is called bartering. In bartering, goods or services are exchanged directly for other goods or services without using a medium of exchange like money.
Which of these terms refers to the process of trading goods for other goods without the use of money?
A+ bartering
What existed before money?
bartering
What is the term for trade that is based on the exchange of goods rather than for money?
This is known as bartering.
What is the exchange of goods without using money?
This is called the barter system.
Did money originate from bartering?
Money was first introduced in bartering economies as a store of value, but its introduction quickly ended the practice of bartering since the benefit of having a fungible item used as a marker of value became obvious quickly.
Why do you use money?
AnswerWe use money as Simular to Bartering (exchange for other things) like you want Some food right you give them money for the Food, and you get to take home that food that you bartered and they can take home the Money.
