History Of Money- Bartering Flashcards
1
Q
What is bartering?
A
Bartering is the exchange of a good or service for another good or service without using money
2
Q
Where does the word barter come from?
A
It comes from the french word Barter which means to trade
3
Q
What and why did people trade?
A
Money was not a thing yet so people would trade things they didnt need for things they needed or wanted
4
Q
What did people do for their jobs?
A
They could hunt, farm, weave and pottery
5
Q
Who, when and what said that every object has two uses?
A
In 350bc a greek philosopher named ARISTOTLE said that everyone object has to uses: the one it was intended for and the use of the object in barter
