Trading and Bartering Basics

What does trading mean?

• Giving something to get something else

• Keeping everything for yourself

• Buying things with money

• Throwing things away

What is bartering?

• Trading with money

• Trading without using money

• Buying things from a store

• Selling things online

Which of the following is an example of bartering?

• Buying a toy with money

• Trading a sandwich for an apple

• A farmer trading eggs for milk

• Selling lemonade for $1

What is the first step in trading and bartering?

• Find someone who has what you want

• Take what you want without asking

• Pay with money

• Write a letter

Which of these is a benefit of trading and bartering?

• Spending a lot of money

• Learning to share and be fair

• Keeping everything for yourself

• Buying new things

Which of the following is NOT an example of trading or bartering?

• Trading baseball cards with friends

• Swapping snacks at lunchtime

• Helping a neighbor mow their lawn for cookies

• Buying a book from a store

Why is it important for both people to be happy with a trade?

• So they can argue later

• So they can trade again in the future

• So they can keep everything for themselves

• So they can sell the items

What can trading and bartering help us learn?

• How to spend more money

• How to value what we have

• How to keep secrets

• How to win every game