Speak your mind, stick to your gun's, and never let yourself be bullied, oh and be prepared to give something back.
The Olmecs did barter or trade. Where? - Central America and Mexico What? - Pottery, tar and asphalt Who? - With other people all over South America
A double coincidence of wants meaning both parties wish to exchange what each other needs.
All of your barter income is taxable in the US according to the IRS. When you set up a one-on-one barter with another business, each business is expected to report the value of that exchange as income - on your regular Schedule C. If you join a formal barter exchange, they will (and must) report your barter income to the IRS with a 1099-B. This is a benefit to businesses because, any barter income you spend for business expenses will be deducted the same as cash. A business can also DONATE barter income to a 501(c)(3) to receive the same tax benefits as if you donated cash!
I believe that, a disadvantage of silent barter, would be that they are not able to negotiate with eachother. They would simply leave what they offer and if they don't agree they leave. But fi they would speak and reach an understanding they may be able to come up with an other option.
Go to the ''trade'' section in your ''farm'' then choose set up a trade and follow the instructions
The Olmecs did barter or trade. Where? - Central America and Mexico What? - Pottery, tar and asphalt Who? - With other people all over South America
Its simple, one tribe or "Trade Groups" would go up to the settlers or the U.S. forts and simply trade. Both sides usually got what they wanted. But the White mans goods had diseases that the Lakota had never encountered. Because of this, many Lakota died.
Currency is a more effective way of conducting trade than bartering because when you use currency, you know exactly what you're paying, or getting paid, because you have money that has an exact value. Bartering is trading things WITH things, u don't know if what u paid was worth what u got. Sometimes it can be hard to come up with equal value during a barter transaction. You may have enough of something that would equal the value of what you need to trade for, but the person you are trading with might not need what you have. That person could accept your goods in trade and store them for future barter with someone else, but the storage space is not always available. Currency is portable and easily stored.
A double coincidence of wants meaning both parties wish to exchange what each other needs.
Settlers in the 18th and 19th centuries often build communities along rivers because it was easy to travel up and down the rivers to trade and barter goods.
Nothing is better. It depends on your cash availability. If you have low cash and you are unable to mend it up, then, you might sell it without mending. But, if you have cash, then it is better to mend it up, raise the selling price by adding up the mending price and your profits over mending price, and then sell it up.
trade-offs
Gold is a very inert metal , and comparatively rare, Jewellery, Trade/Barter to 'back up the local currency'. It is also an extremely good conductor of electricity. It would be too expensive to make gold cables to carry electricity, however, it is used in the terminals of some types of USB ports. When mankind walked in space, he was tethered to the spaceship by a gold cord.
All of your barter income is taxable in the US according to the IRS. When you set up a one-on-one barter with another business, each business is expected to report the value of that exchange as income - on your regular Schedule C. If you join a formal barter exchange, they will (and must) report your barter income to the IRS with a 1099-B. This is a benefit to businesses because, any barter income you spend for business expenses will be deducted the same as cash. A business can also DONATE barter income to a 501(c)(3) to receive the same tax benefits as if you donated cash!
Egyptians traded because they did not have enough supplies that could last them by only using the things they farmed/made. If egyptians didn't trade, they would not get the nutrients, clothing, resources and many other things that they had. Egyptians would trade things they made such as jewelry, make up, clothes, food and other things that they bought for things such as wood and metals they could use for their inventions.
Prouduct Trade-Offs (NovaNet)
Trade In Trade Up was created in 2007.