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Question 6 (2 points)

_____ is the exchange of goods or services for other goods or services without using money.
1) Gathering
2) Sharing
3) Bartering
4) None of these apply

Question 7 (2 points)

(Note: Include Question 7 text here)



Answer :

GinnyAnswer

Final answer:

Barter is the direct exchange of goods or services without money, posing challenges in modern economies, leading to the development of money.


Explanation:

Barter is the exchange of goods or services directly without using money as an intermediary. It involves trading goods that people directly value, as seen in informal arrangements like a mechanic repairing a caterer's truck in exchange for food.

In a barter system, exchanges require a double coincidence of wants, making it inefficient for modern economies with diverse job roles.

Early societies used bartering but later developed money as a means of exchange to avoid the limitations of direct exchange.


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