Module 3: Managing Money, Lesson 4, Read "The Barter Economy"

Vocabulary flashcards from Burlington CORE Advanced Lesson Wordlist, focusing on managing money concepts.

browse

to look through or casually check items, especially things for sale.

exchange

to give something and get something in return; to swap items.

expectation

a belief that something will happen or is likely to happen.

in return for

because of what was given or done; in exchange for something.

scarce

not enough to meet needs; limited in supply.

short on cash

not having enough money available to spend.

trade (n)

the act of buying, selling, or swapping goods and services.

as long as

on the condition that; provided that.

assess

to evaluate or judge how good or bad something is.

barter

to trade goods or services directly without using money.

change hands

to be passed from one person to another.

coin

a piece of metal used as money, usually round in shape.

duration

the time something lasts.

goods

physical items that can be bought, sold, or traded.

invent

to create or design something new that did not exist before.

limited

restricted in size, number, or amount.

misunderstanding

failing to understand something correctly.

possession

the state of having or owning something.

principle

a basic truth or belief that supports a system of thoughts or behaviors.

trade (v)

to give one thing in exchange for another, usually to get goods or services.

willing

ready to do something; agreeable to act or help.

adapt

to change something to make it suitable for new conditions.

adopt

to start using or following something new, like an idea or strategy.

conscience

an inner feeling that helps a person decide what is right or wrong in their behavior.

conscious

aware of what is happening around you; awake.

principal

the head of a school who is responsible for managing the school and making important decisions.