Early trade & the barter system

What is bartering?

• exchanging goods or services for other goods or services without money

• paying for goods or services

• exchanging goods or services for a currency

Why was bartering used?

• The goods and services were not able to be payed in money

• People didn't like using money

• There was a lack of currency

• To obtain goods or services

Examples of bartering

• Exchanging for bread with Dirhams

• Trading on the stock market

• Exchanging bread for butter

what is not an example of early trade

• Bread for Butter

• Stones for jewerly

• Daughters for goats

• Weapons for silver coins

when was the first coins printed?

• 600BC

• 1000BC

• 1661AD

• 1964AD

Where was the salt route?

• Southen Germany

• West France

• Northen Germany

• East China

Which counrty is switching back to bartering system?

• India

• Greece

• Italy

• Ethiopia

When was the first long distance trade

• 1500 BC

• 1468 BC

• 3000 BC

• 299

Where did the first long distance trade happen between

• Mesopotamia and Pakistan

• China and India

• England and Luxenburg

• Babalonia and France

What is the opposite trade

• the action of buying and selling goods and services.

• the action of loaning goods and services

• stealing

• tradn't