WORLD CIVILIZATION

CIVILIZATION

PHOENICIAN

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
does not use money, people trade goods and services for other goods and services
A
colony
B
Asia Minor
C
barter
D
money economy
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: -Bartering involves exchanging goods and services for other goods and services having similar value.

Detailed explanation-3: -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.

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