Why People Trade Flashcards
1
Q
What is trade?
A
The exchange of goods through selling and receiving
2
Q
What does exchange mean?
A
To give something and receive something in return
3
Q
What are foods?
A
Things that people buy and sell
4
Q
What does it mean to swap?
A
To exchange one thing for another
5
Q
What does Barter mean?
A
To swap goods of equal value
6
Q
What is value?
A
How much something is worth