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History Of Barter Trade

The Ancient Type Of Trade

Athena Hajirezaie

on 6 December 2014

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Transcript of History Of Barter Trade

Who Used Barter Trade?
Barter trade was first used by Mesopotamian s in Ancient Mesopotamia in 6000 BC.
Mesopotamia was a region which did not have many natural resources. Therefore, the people who lived there needed to trade with neighboring countries in order to get the resources they needed to live.
What Did People Trade In The Olden Times?
People mostly traded :
cloth or fabric
precious metals
exotic foods
shiny shells

Ancient Chinese Barter Trade
Where Can We Barter?
Thank you!
Done By Athena and Valentine
What Is Barter Trade?
Barter is the act of trading goods and services between two or more people without the use of money or cash.

Barter Trade can be really useful for times when someone doesn't have enough cash to get something they want. Therefore, they exchange what they do not need with the object that they want which another person might have.
Why is barter so important?
Barter is important because this way people can receive what they want quickly and simply.

When did barter trade start?
People used trade since the start of civilization because we didn't have money until 1200BC.

How did they know the value of a item?
They would weigh it using a special scale.
The Ancient Type of Trade
Fun Facts About Barter Trade (Modern Day)
# Barter Card is the world's largest exchange network for people willing to buy and sell goods or services.

"Trade." Trade and Transport. N.p., n.d. Web. 5 Dec. 2014. <http://www.mesopotamia.co.uk/trade/home_set.html>

"Trade." Trade. N.p., n.d. Web. 05 Dec. 2014.
"Trade." Trade and Transport. N.p., n.d. Web. 5 Dec. 2014. <http://www.mesopotamia.co.uk/trade/home_set.html>
We can barter anywhere, near our homes, with our family, with friends, and also on the internet too! There are special websites where you can barter with anyone in the world! In the olden days if you wanted to barter with near countries you must travel there either by boat, walking or animal transportation.
"History of Silk." Silk Histoy. N.p., 2013. Web. 5 Dec. 2014. https://texeresilk.com/article/history_of_silk
Gill, N.S. Ancient China in Pictures. N.p., 2014. Web. 5 Dec. 2014. http://ancienthistory.about.com/od/china/ss/082208china.htm
"Salt - Essential for Life." Salt - Essential for Life. N.p., 2014. Web. 05 Dec. 2014. http://www.maldonsalt.co.uk/About-Salt-Salt-Essential-for-Life.html
The ancient Chinese traded using paper money and cheques. They would trade cattle, fish, iron and salt. Salt was a very important item because without salt our bodies would became chemically unbalance and we could eventually die.
Reference: Taylor, Kelly. How to Start a Bartering Business. EHow, n.d. Web. 5 Dec. 2014. http://www.ehow.com/how_6609488_start-bartering-business.html
Advantages and Disadvantages
You can get the items you want quickly.

You wont have to travel long distance to buy/sell your items.

There is no direct money involved.

You can have better relationships with your neighbors or people you trade with.

Both sides of the trade will gain profits of their new item.
You might not get the trade you wanted.

You could spread diseases by traveling back and forth countries.

Maybe one person in the trade could loose profit.

You can't completely know if both value of the item is equal.
Central Idea
Economic activities of different countries rely on systems of production and exchange, which meets the demands of people.
Lines Of Inquiry
# Trade as a means of change and global connection

# The distribution of goods and services based on supply and demand
# Our responsibility as consumers
# The Internet has given a tremendous boost to present day barter business. Everyone is getting involved in the barter business.
# A barter exchange functions as the organizer of a marketplace where members buy and sell products and services among themselves.
Pandey, Kundan. "Bartering in Daily Life." Buzzle. Buzzle.com, 30 May 2011. Web. 05 Dec. 2014.
Some questions you might ask...
1) Neanderthals
shiny shells,farm animals and rocks.

2) Ancient Mesopotamia
sacks of crops, precious metals, gold, silver and copper.

3) Ancient China


paper currency and cheques.

4) English Colonials

jewels and gold bars.

5) Modern Times

credit cards, cash and coins.
Barter Trade Through Out Time And What They Traded
Barter - Trading - Comical But So True- Hosted By The Barter Corp. Barter Corp., 2011.
"Four Facts About Bartering." Four Facts About Bartering. IRS, 16 Feb. 2011. Web. 05 Dec. 2014. http://www.irs.gov/uac/Four-Facts-About-Bartering
Silk worms feeding on mulberry leaves
The ancient Chinese would use the silk road and barter trade the most. They would mainly produce silk, which was a closely guarded secret. If they found anyone trying to steal cocoons of a silk worm they would immediately have a death penalty.
Full transcript