Barter System History: The Past and Present
The history of bartering dates all the way back to 6000 BC. Introduced by Mesopotamia tribes, bartering was adopted by Phoenicians. Phoenicians bartered goods to those located in various other cities across oceans. Babylonian's also developed an improved bartering system. Goods were exchanged for food, tea, weapons, and spices. At times, human skulls were used as well. Salt was another popular item exchanged. Salt was so valuable that Roman soldiers' salaries were paid with it. In the Middle Ages, Europeans traveled around the globe to barter crafts and furs in exchange for silks and perfumes. Colonial Americans exchanged musket balls, deer skins, and wheat. When money was invented, bartering did not end, it become more organised.
Bartering became most popular in the 1930's when money was less.
For instance, related products can be traded such as portable tablets in exchange for laptops. Or, items that are completely different can be traded such as lawn mowers for televisions. Homes can now be exchanged when people are traveling, which can save both parties money. For instance, if your parents have friends in another state and they need somewhere to stay while on a family vacation, their friends may trade their home for a week or so in exchange for your parents allowing them to use your home.
A current barter system:
http://www.bartersys.com/
http://www.bartersys.com/Images/BSIFINALCUTVideo.mp4
Barter System - Is an interesting barter company which has bartering between shops and businesses.
This website is purely to link businesses together in barter to get them started. It is in practice today and the website informs about the benefits of barter and why people are practicing it today.
The video is very informative.
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