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What does it mean to barter?
Trade something you have for something you need or want.
Pay for something with money.
Why would someone want to barter?
You might barter when you don't want to use money to get what you want..
You barter because you have too much money.
Why do people save money? Check all that are true.
The item they want costs more than they have.
They have nothing to buy.
They may need it at another time.
Why is it easier to use money than to barter? Check all that are true.
You can only barter if someone wants what you have.
No one wants to barter.
Everyone wants money.
Cash can be carried in your pocket or a wallet.
Before there was coins and paper money people used other things to trade or pay for something. Which of the following might have been used like we use money today?
What is an example of someone or something that provides a service? Check all that are true.
Some services provide us goods to buy. What are some of these?
A consumer is someone who either buys goods and services with money, or they barter for goods and services. Which of the following are some consumers?
a person getting their hair cut.
buying a new car
What does it mean to demand in the phrase, "supply and demand"?
shouting for something to be given
idea that many people either want something or don't want something
kid asking their parents for something
Which is an example of supply and demand?
On a hot day a lemonade stand sells lots of cold lemonade, but on a cooler day, they sell less.
A child wants a new toy and his mom buys it for them.
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