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an economic system based on exchanging goods rather than paying for them- apex :)

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Alexis Cronk

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4y ago

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What is an economic system in which people exchange goods without using money?

Bartering


What is bartering and whicxh economic system uses bartering to trade goods?

Bartering is the exchange of goods and services directly for other goods and services without the use of money. This system relies on mutual agreement of value between the parties involved. Bartering is often associated with traditional or subsistence economies, where cash is scarce or unavailable, and is primarily used in local or community-based transactions.


Money replaced what system of trade?

Bartering


What was this system of exchanging goods called?

bartering


What is the exchange of goods without using money?

This is called the barter system.


In societies before money was invented what system did they use?

bartering


What is the system that had goods and services exchanged before the development of money?

The "Barter" or "Bartering" system.


Pioneers often traded items they had for items they needed from the other pioneers what was this system of exchanging goods called personal finance?

bartering


What economic system has the least government control?

The Free Market Enterprise system (aka: Capitalism). its laissez faire


Since Egyptians had no money how did they puchase goods?

they used a bartering system


What is the bartering with Native Americans?

The native barter system is the barter system of the natives. I know this, because I am a native, and I barter pigs. I enjoy bartering and wish to do so until the day of my death, which is scheduled for Deccember 6th, 2024.


What type of system did the early colonists use when bought and sold goods and services?

Bartering