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What is the exchange of goods without using money?
This is called the barter system.
What is trade by barter?
Trade by barter is a system of trade whereby commodities are exchanged or traded upon without the use of medium of exchange i.e money. it is cumbersome as it entails double coincidence of wants.
What best explains how a barter system works?
Goods and services are exchanged without the use of money.
What refers to a system of trade?
Barter
What explains how a barter system works?
Goods and services are exchanged without the use of money.
What is it when people traded goods?
A trade, an exchange, or barter. An economic system which operates without money is called a barter system.
What is the exchange of goods without using money?
This is called the barter system.
What is trade by barter?
Trade by barter is a system of trade whereby commodities are exchanged or traded upon without the use of medium of exchange i.e money. it is cumbersome as it entails double coincidence of wants.
What best explains how a barter system works?
Goods and services are exchanged without the use of money.
What refers to a system of trade?
Barter
What explains how a barter system works?
Goods and services are exchanged without the use of money.
What system is the exchange of one product for another?
Barter is a system of trade where people exchange good or services without the involvement of money.
What does barter mean in Roman Empire?
In the Roman empire barter meant the same as it means today--an even trade without the use of money.In the Roman empire barter meant the same as it means today--an even trade without the use of money.In the Roman empire barter meant the same as it means today--an even trade without the use of money.In the Roman empire barter meant the same as it means today--an even trade without the use of money.In the Roman empire barter meant the same as it means today--an even trade without the use of money.In the Roman empire barter meant the same as it means today--an even trade without the use of money.In the Roman empire barter meant the same as it means today--an even trade without the use of money.In the Roman empire barter meant the same as it means today--an even trade without the use of money.In the Roman empire barter meant the same as it means today--an even trade without the use of money.
What system of trade did money replace?
Barter
What is barter trade?
Barter trade is a form of exchange, but without the use of currency. (Example: You could trade someone a pencil for a sheet of paper)
Does th choctaw people have a money or barter system?
they had a barter system. they didn't have money, just trade goods,
Why was money developed?
To trade goods and have a form of currency that is used all over the country.
