Bartering & Opportunity Cost

Video Segment |02:29

Bartering & Opportunity Cost

Video Segment |02:29

Trading without money to exchange goods and services is called bartering. Money is the normal medium of exchange, but when money is not available, people barter for essentials or wants.

©1999 CLEARVUE & SVE| Grade(s)

Related Topics

  • bartering
  • economics
  • essentials
  • goods
  • medium of exchange
  • money
  • services
  • trade

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