We still do it where i live, our last deal was a sack of beetroot for the use of the Plough.
Money is pretty scarce so we exchange lots of things. It works out pretty good too. A few kilogrammes of blueberries for a bag of onions or wild mushrooms.
We do work for each other too. Its a bit like a commune but we are just a small community miles and miles from anywhere.
The classic is if your tractor gets stuck and you need help because the price for that is normally home brew
2006-09-21 05:30:58
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answer #1
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answered by Anonymous
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Mercantilism was the first real form of currency. well, first form of utilizing a national currency. But the monitary value being universal has not really came into play until the last 100 years. here in the united states, state banks screwed the economy for a long time, which we really didn't fully recover until the 30's or so. money from NY was no good in Ohio if it was from a state bank. the national bank rectified this problem with a national currency.
prehand to currency (started by the roman or algerians if I remember correctly) was a form of trade. if I grew potatoes and I was the only grower I could trade my stuff for meat or something else valuable. If everyone grew potatoes I'd has a low demand market and not be able to trade them for much.
before this was the "hunter and gather community" this is different that the hunter and gather mindset. the hunter gather community gathered barries, nuts, shelter items. the hunter killed fresh meat and game. then the entire findings, trappings would be shared in the village. specialization was a huge part of this being sucessful. some would hunt for deer alone, while others would just build weapons, this gave the ability for the individual to focus on getting really good at one thing. it was the first real form of trade, and currency. I hope this helps answer your question, its long winded but small compared to the whole story.
2006-09-21 05:22:43
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answer #2
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answered by Huge. 1
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It was more of a bartering system. One thing of "value" was traded for another thing of "value".
The only thing that money did was standardize one of the two things. So, instead of trading a bucket of carrots for a chicken, you now trade one $ (insert currency and amount here) for the chicken. The one $ could buy the bucket of carrots instead.
Also, it became a great deal easier to carry a wad of paper than a couple of hundred chickens. Especially if you were traveling somewhere.
2006-09-21 05:15:14
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answer #3
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answered by Anonymous
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There are many communities in the world that still use the barter system. There are even websites that expound it's virtues. There's no reason why you can't trade produce for other items you need, or services. As long as both parties are getting what they want, it's a legal and fair contract. Many agricultural areas of this country have co-ops that do just that sort of thing.
Money is a form of barter system in itself. You sell, or trade your items for something else of value (money) and then trade IT for something else that you want. It just saves you from walking from store to store with a goat on your back.
2006-09-21 05:16:46
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answer #4
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answered by Anonymous
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Your own example of the chicken & carrots is a perfect example of barter which was widely used throughout the ancient world. Then tokens like coins were introduced & these were given a value & coins became the norm.
2006-09-21 05:17:05
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answer #5
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answered by Caro 4
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It's called bartering. Which included carrots & chickens but also peoples skills. A blacksmith would do work for a doctor for example.
2006-09-21 05:19:12
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answer #6
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answered by Tabbyfur aka patchy puss 5
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A lot less stressful.
Money causes so many problems in the world
Marriage break ups
Murders (greed)
Bankcrupcy (to much credit not enough money)
Heart Attacks (people working to hard to earn a crust and high stress levels)
Bartering is so much better less stress and can be fun too
Third world markets still do it
2006-09-21 10:36:45
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answer #7
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answered by Anonymous
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Its just the same all the time. Only the objects changed, but the objective of men remain the same , that is to amass wealth. As long as greed & jealousy exists the world is gonna be no different.
2006-09-21 05:59:02
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answer #8
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answered by Dhanasekaran K 3
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Poeple were more or less self sufficient and traded for what they needed and could not provide themselves.
We are really still bartering money just makes it easier to do long distance
2006-09-21 05:37:39
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answer #9
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answered by Don't look too close! 4
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Before the country had any money they were Broke
Trading of goods was the norm and that included goods for supplying your labour, They did a bit of it in WW2 when everyone was on rations goods were more valuable than money
2006-09-21 05:13:48
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answer #10
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answered by philipscottbrooks 5
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