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Yes because if I give you the materials to fix something, you would do it for free!

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What is the significant of barter?

In barter economy, commodities were exchanged in the market. It was before the evolution of currency system that barter economy existed. Even today, in remote rural areas of India, the barter system still exists.


How do you use silent barter in a sentence?

Our class reenacted a silent barter scene.


Do countries still use barter system?

No. Barter System was one of the ancient ways of exchange of goods and services. Nowadays cash and currency has replaced the barter system. People usually pay for goods and services in money.


Why is barter important?

Bartering enables people to acquire goods or services without spending money, which makes it significant. Particularly in conventional or cashless economies, it promotes direct trade founded on reciprocal needs and trust. Bartering can be helpful during times of need and promotes the use of resources and community connections.


What countries used the bartering economy?

arriba el pais de alberto es el mejor del planeta que viva el rico peru


Does the patronage system or the apprentice system still exist today?

no


Does the feudalism system still exist today?

yes!


Do china still used mixed economy system?

yes


Did the Jews have money or a barter system during the time of Jesus?

During the time of Jesus, Jews primarily used a monetary system that included coins, such as the Roman denarius and the Tyrian shekel, for trade and transactions. While bartering was still common in some contexts, especially for smaller or local exchanges, currency facilitated trade in larger markets and with the Roman authorities. Thus, both money and barter existed, but money played a significant role in the economy of that period.


Goods and services are exchanged without the use of money in which system?

Products and services are traded directly without the use of cash in a barter system. Participants exchange goods or abilities according to a value that is mutually agreed upon. This approach, which relies on the double coincidence of wants, originated before money existed. Barter still exists today in peer-to-peer transactions, online bartering platforms, and informal economies despite its inefficiencies.


When did the solar system exist?

The solar system formed about 4.6 billion years ago and still exists. If it didn't exist, then neither would we.


What type of economy is the American economy?

Mixed Economy which means free market system but government still has limited role