USA HISTORY

SETTLING NORTH AMERICA 1497 1732

THE 13 COLONIES LIFE IN EARLY AMERICA

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
To exchange goods and services without getting money in return
A
trade
B
sell
C
barter
D
None of the above
Explanation: 

Detailed explanation-1: -Barter is an act of trading goods or services between two or more parties without the use of money-or a monetary medium, such as a credit card. In essence, bartering involves the provision of one good or service by one party in return for another good or service from another party.

Detailed explanation-2: -Barter is an alternative method of trading where goods and services are exchanged directly for one another without using money as an intermediary. It is an old method of exchange. People exchanged services and goods for other services and goods in return.

Detailed explanation-3: -The exchange of goods in return for other goods or services is called Barter System.

Detailed explanation-4: -Bartering is the exchange of goods or services. A barter exchange is an organization whose members contract with each other (or with the barter exchange) to exchange property or services.

Detailed explanation-5: -Bartering is the process of trading services or goods between two parties without using money in the transaction. When people barter, everyone benefits because they receive items or services they need or want. Bartering also has an advantage because even people without money can get something they need.

There is 1 question to complete.