Barter
Definition:
Barter-to trade good or services without the use of money
Examples of bartering throughout history:
Native Americans BC-1830; especially dominant between 1500-1800 with Europe
Barter-to trade good or services without the use of money
Examples of bartering throughout history:
Native Americans BC-1830; especially dominant between 1500-1800 with Europe
- They had access to different things based on their location
- Can have corn, cotton, gold, fur, fish, obsidian
- Money was introduced in 1792 with the U.S.
- The Indian Removal Act helped the coinage act be bestowed upon native Americans
Pros
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Cons
In 1656 Dick Michielsen and Cornelis Martensen bartered beer to the natives and caused many natives in Delaware to become drunk and addicted to alcohol.
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Done by Joan