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trade or bartering
This is known as bartering.
This is called the barter system.
Societies without money function mainly on a bartering (trading) system. As in, I'll trade you ten bushels of corn for a goat, etc. History shows us that may work INTERNALLY for a long time, but cannot work well between societies. An agreed on money always emerges.
Trading is different from bartering when it involves money, trading does not include money while bartering does. The reason is that trading with money would be buying while bartering would be adding both goods/services and money to buy something.For instance: You have $50 and some lightly used engine parts you would like to trade for a new $90 bicycle. That would be bartering.But if you paid $90 for it that would be a purchase.While if you gave them $90 worth of parts it would be trade.
The Atlantic slave trade only positively affected those in West African societies who were involved in the trade itself, otherwise it was a disaster. The people who kidnapped individuals to sell them into slavery benefited financially.
In both cases, societies were brought into contact through trade. The cultural exchanges that went along with that trade enriched those societies.
As West African societies developed complex trade systems, some powerful individuals called kings gained control
bartering?
our,world culture
millions of the African slaves died and it effected the African population and weakened many societies
Bartering
Bartering
trade or bartering
Uh, the slave trade?
This is known as bartering.
This is called the barter system.