Barter & Money
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Last updated 9:30 PM on 3/26/25
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4 Terms
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What is a barter system?
An economic system where goods and services are exchanged without money
2
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What is the downside to barter?
It can become complicated
3
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What is the purpose of money?
It allows effective trade
4
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What is money?
Anything that people commonly accept in exchange for goods and services
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Flashcards (22)