Mod. 5, ch 3 day 1 by Rachel Rush

Tristan

2025-02-24 13:30:27 UTC

Bartering is like trading something you don't want into something you want, It is also what people did to get natural resources before we had money.

Alex

ahenderson142 — 2025-02-24 13:32:19 UTC

Bartering is trading an item you have for an item that you want and someone else has it so you trade something you have for that item.

OST

otroshani — 2025-02-24 13:32:25 UTC

Trading something for another ietm with the same value. Most people do it for naturel resources.

Tristan

2025-02-24 13:33:08 UTC

Ben might help Angela Learn how to cook And in result Angela Buys Ben ice-cream.

pachino

pprice51 — 2025-02-24 13:33:19 UTC

Bartering is essentially a trade-off but for the benefit of you and the other person instead of just you alone, for you what your training off is less valuable for yourself but is more valuable for the other person.

Blue!!

bblue420 — 2025-02-24 13:33:21 UTC

Bartering is trading things of equal worth. The trade-off benefits both parties, giving them something useful.

Clayton

cpecunia — 2025-02-24 13:34:33 UTC

Bartering is trading, exchanging one thing for another..

Alex

ahenderson142 — 2025-02-24 13:34:45 UTC

For example, someone may help a friend move and in return that friend may owe that person a favor or money.

Blue!!

bblue420 — 2025-02-24 13:34:46 UTC

You can help a friend with cleaning, and they could treat you to dinner.

Tristan

2025-02-24 13:34:51 UTC

Rare Mother of pearl shells

OST

otroshani — 2025-02-24 13:35:06 UTC

Max will clean the bathroom and his mother will take him to dave and busters

Clayton

cpecunia — 2025-02-24 13:35:08 UTC

People trading Pokémon cards at schools.

Alex

ahenderson142 — 2025-02-24 13:35:15 UTC

Mother-of-pearl shells.

Oniks, Scar, Terra

EarthToTerra — 2025-02-24 13:36:38 UTC

It's basically a way of paying for things by borrowing money from the bank and paying off of a card. Then you need to pay back the money at the end of the month.

Blue!!

bblue420 — 2025-02-24 13:36:42 UTC

Originally, moth-of-pearl shells were used as a form of money.

Tristan

2025-02-24 13:36:42 UTC

Money is useful because it is viewed as an accepted form of payment, meaning that sellers will use it a lot

Clayton

cpecunia — 2025-02-24 13:36:43 UTC

Mother of pearl shells were the first objects used as money in the Americas.

Alex

ahenderson142 — 2025-02-24 13:36:53 UTC

Because it is a widely accepted currency and a lot of people use it for daily purchases.

Amiya

acruz309 — 2025-02-24 13:36:55 UTC

Bartering is a way of trading and when you are bartering you have to agree with the other person you're trading with that they items are both of equal value

Tristan

2025-02-24 13:37:53 UTC

It is Money that you own to the bank and that you need to keep track of. : practicly Digital money

pachino

pprice51 — 2025-02-24 13:38:35 UTC

if person A was able to get $20 by the end of the day person B would in return deliver them their package

Clayton

cpecunia — 2025-02-24 13:38:47 UTC

Money is useful because it can easily put a number value on any good or service and money is something everyone wants.

Blue!!

bblue420 — 2025-02-24 13:38:55 UTC

Money has a stable value, meaning that it is always worth the same amount. Not only that, but money in generally is a pretty widely accepted payment.

Amiya

acruz309 — 2025-02-24 13:39:32 UTC

Demetrius gave his girlfriend a necklace and in return his girlfriend Felicia gave him a new chain

Alex

ahenderson142 — 2025-02-24 13:39:52 UTC

Credit is money owned by the bank and you borrow that money and pay it back later, and if you fail to pay you will need to pay interest.

Clayton

cpecunia — 2025-02-24 13:39:57 UTC

Credit works by essentially taking a small loan with interest.

Emperor, Nate, Ron

npool7 — 2025-02-24 13:40:25 UTC

Trading smoothies for milkshakes

Amiya

acruz309 — 2025-02-24 13:40:30 UTC

the-mother-of-pearl shells

Emperor, Nate, John

evanburengreen — 2025-02-24 13:40:35 UTC

Bartering is when you are trading and item you don't want for an item that you want.

Blue!!

bblue420 — 2025-02-24 13:40:44 UTC

Credit takes money directly from the bank, allowing you to make purchases you might be able to. The only caveat is that you have to pay the bank back.

OST

EarthToTerra — 2025-02-24 13:40:45 UTC

The first form of money in the America's was mother of pearl shells.

Amiya

acruz309 — 2025-02-24 13:40:54 UTC

because money is a payment that is widely accepted for goods and services

Emperor, Nate, John

evanburengreen — 2025-02-24 13:41:29 UTC

The mother of pearl shells

Amiya

acruz309 — 2025-02-24 13:41:37 UTC

basically you're borrowing money from the bank through a physical credit card or Digital Credit Card to pay for your goods and services but eventually you'll need to pay the bank back the money and if you don't you will have to pay interest as well

pachino

pprice51 — 2025-02-24 13:43:44 UTC

mother of pearl shells

pachino

pprice51 — 2025-02-24 13:44:09 UTC

money is the thing that allows people to keep on living not literally but it is the way to get food resources and any other thing that can benefit to your survival

OST

szimmerman58 — 2025-02-24 13:44:25 UTC

Money is useful because it can help people pay for there wants or needs and is accepted by everyone which creates a cycles to help the economy.

pachino

pprice51 — 2025-02-24 13:44:36 UTC

you take money from the bank and pay it off later

Emperor, Nate, John

evanburengreen — 2025-02-24 13:44:41 UTC

Money is useful because it is widely accepted as a form of payment. It also has a stable value.

Emperor, Nate, John

evanburengreen — 2025-02-24 13:48:02 UTC

Credit is like a loan with interest.

[PAAB, NLC, ECB, KRD]

pbrown205 — 2025-02-24 18:41:31 UTC

Bartering is like trading in which you give an item or a service for one in return (Of equal value.)

[PAAB, NLC, ECB, KRD]

pbrown205 — 2025-02-24 18:47:18 UTC

Lets say I want KINGDOM HEARTS TWO for the PS2 and I will barter that for all those old XBox games that I don't want. Its Equal value because me and the client both want games the other person doesn't want.

[PAAB, NLC, ECB, KRD]

pbrown205 — 2025-02-24 18:56:35 UTC

Money is useful because it is a currency, and you can buy basically anything with it.

(a downside is that you have to earn said money and people mostly pay less than minimum wage so you can't always buy everything, you have to BUDGET)

nevaeh

nevlolzz — 2025-02-24 19:00:48 UTC

mother of pearl shells

[PAAB, NLC, ECB, KRD]

pbrown205 — 2025-02-24 19:02:06 UTC

Basically if you don't have enough money to buy something, you can borrow money from the bank, but you will have negative money (dept owed to the bank)

Phoenix

PHOENIX_322 — 2025-02-26 16:41:59 UTC

A form of exchange

eedwards84 — 2025-02-26 16:42:08 UTC

Bartering is a trade off of something both people in the situation agree on holds equal value.

eedwards84 — 2025-02-26 16:42:56 UTC

If I pay more my friends meal for dinner one night my friend could cover it the next night.

Phoenix

PHOENIX_322 — 2025-02-26 16:43:17 UTC

Book ex; someone might help their friend move to a new apartment so in return the person who got help may cook for their friend.

eedwards84 — 2025-02-26 16:43:34 UTC

Items that were rare, such as the mother of pearl shells.

eedwards84 — 2025-02-26 16:43:49 UTC

Money is a excepted form of payment everywhere.

Phoenix

PHOENIX_322 — 2025-02-26 16:44:39 UTC

Mother of pearl shells

eedwards84 — 2025-02-26 16:44:48 UTC

Credit is sort of a loan from the bank that you can spend throughout the month, at the end of the month you pay off the credit card with added interest.

Phoenix

PHOENIX_322 — 2025-02-26 16:45:18 UTC

It is a commonly accepted form of payment; People use it a lot in their daily lives

Phoenix

PHOENIX_322 — 2025-02-26 16:47:25 UTC

When you borrow money from the bank to pay for things, but you have to pay it back every month