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because they needed to stay alive with trade

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13y ago

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Why is trade important?

trade is important because we get goods we need and other people get the goods they need or want .Also it can help the people by importing gifts!


When money is used in a trade instead of the direct exchange of goods it acts as a A unit of account B trade equalizer C currency converter D medium of exchange?

When money is used in a trade instead of the direct exchange of goods, it acts as a D medium of exchange. This function allows for the buying and selling of goods and services without the need for bartering, facilitating smoother transactions in the economy.


What is commerce and what are aids to trade?

commerce is a branch of human activities which distribute goods and services and full fill human need and wants


Why does a country export goods?

Countries export goods because they have a surplus or more then what they need, gives to countries stuff they don't have, raises money for their country and they trade for something else in exchange for that good.


What is the exchange or goods or services for what people need?

The exchange of goods or services for what people need is known as trade. In this process, individuals or businesses offer their products or services in return for other goods, services, or currency that fulfill their needs or desires. This system allows for the efficient allocation of resources, as it enables people to acquire what they cannot produce themselves. Ultimately, trade facilitates economic interaction and fosters relationships within and between communities.

Related Questions

Why were some Trade routes called triangular trade Routes provided and example that explains the countries involved in the good traded between these countries?

You need to answer this question because we don’t do homework and you need to explain and provide examples. Your teacher is looking for your critical thinking skills and how well you understood the lesson. He or she is not looking for our answers.


Why is trade important?

trade is important because we get goods we need and other people get the goods they need or want .Also it can help the people by importing gifts!


Why barter trade was not a perfect trade?

trade by barter is the exchange of goods for goods and service for services.might have garri and u need beans you would start seaching for someone who is in need of ur item .so it consumes lot of energy


Did queen Hatshepsut refuse to use the trade routes?

In terms of trade, Hatshepsut was not blind to the need of bolstering Egypt's economy' and indeed, the Punt expedition is but the climax of her consistent trading enterprises with Lebanon, Crete, Syria, West Africa, South Africa, Aswan and the reopening of mines in Mt. Sinai. She traded Ivory, gold, silver and other goods for eating.


What did hatshepsut trade with the punts?

In terms of trade, Hatshepsut was not blind to the need of bolstering Egypt's economy' and indeed, the Punt expedition is but the climax of her consistent trading enterprises with Lebanon, Crete, Syria, West Africa, South Africa, Aswan and the reopening of mines in Mt. Sinai. She traded Ivory, gold, silver and other goods for eating.


How did hatshepsut makeup trade?

In terms of trade, Hatshepsut was not blind to the need of bolstering Egypt's economy' and indeed, the Punt expedition is but the climax of her consistent trading enterprises with Lebanon, Crete, Syria, West Africa, South Africa, Aswan and the reopening of mines in Mt. Sinai. She traded Ivory, gold, silver and other goods for eating.


How can someone find information on counter trade and what it is?

Counter trade is the practice of trading goods and services for other goods and services. You can find a all the information you need about counter trade from Counter Trade Products, Inc. You could also read about it on Wikipedia.


How did Hatshepsut trade with other countries?

In terms of trade, Hatshepsut was not blind to the need of bolstering Egypt's economy' and indeed, the Punt expedition is but the climax of her consistent trading enterprises with Lebanon, Crete, Syria, West Africa, South Africa, Aswan and the reopening of mines in Mt. Sinai. She traded Ivory, gold, silver and other goods for eating.


How did the slave trade impact west Africa politically?

Africa is a continent and to provide information we need a particular country to answer.


What was the established slave trade in Africa?

The slave trade was established in 1619 by Jamestown colonist due to a need of workers.


Why did queen hatshepsut trade with other countries?

In terms of trade, Hatshepsut was not blind to the need of bolstering Egypt's economy' and indeed, the Punt expedition is but the climax of her consistent trading enterprises with Lebanon, Crete, Syria, West Africa, South Africa, Aswan and the reopening of mines in Mt. Sinai. She traded Ivory, gold, silver and other goods for eating.


Who did hatshepsut trade with?

In terms of trade, Hatshepsut was not blind to the need of bolstering Egypt's economy' and indeed, the Punt expedition is but the climax of her consistent trading enterprises with Lebanon, Crete, Syria, West Africa, South Africa, Aswan and the reopening of mines in Mt. Sinai.