English

Can you think of some examples of goods/services being exchanged through barter?

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Question

Can you think of some examples of goods/services being exchanged through barter?

Short Answer
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Solution

  1. A plumber repairs a shopkeeper’s water pipe in exchange for food items.
  2. A tailor makes clothes for a teacher, and the teacher provides tutoring in return.
  3. A mechanic repairs a bicycle for a baker in exchange for bread.
  4. A farmer exchanges sacks of wheat for a carpenter's furniture.
  5. Fishermen trade fresh fish with a vegetable farmer for fresh produce.
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Chapter 3: Money and Credit - Intext Questions [Page 40]

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NCERT Social Science Understanding Economic Development [English] Class 10
Chapter 3 Money and Credit
Intext Questions | Q 2. (i) | Page 40
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