How barter trade start in the Philippines?

Answer 1

Barter trade in the Philippines dates back to pre-colonial times, where indigenous communities engaged in the exchange of goods and services without the use of currency. It was a practical system rooted in the agricultural and fishing economies, allowing people to trade surplus products like rice, fish, and textiles for items they needed. The practice was further influenced by interactions with traders and explorers from neighboring regions, including China and Southeast Asia, enhancing the diversity of goods exchanged. Barter established foundational economic relationships that persisted even with the introduction of currency later on.