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Why Do You Think We Don’T Barter (Trade Goods) Anymore? Will This Ever Become Popular Again?

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kathrynfrancis1 | 02:29 Wed 05th Dec 2018 | Business & Finance
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This is a question for my class called the Economic and Global Environment.
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Think about it, Kathryn.

And return? No.

Possible research: Google "lingua franca".
Your questions up until now have required you to acquire some knowledge to answer them but this is really one that you ought to be able to workout for yourself.

If, say, you want to get rid of your tablet and replace it with a mobile phone, you might have to spend a very long time searching to find someone who
(a) has got the type of phone you want ; and
(b) just happens to need the exact model of tablet that you no longer need.
Further, if one item is worth more than the other, one of you will have to find something else to offer as 'change' in the deal. It's a hell of a lot easier if you can simply sell your tablet for money and then put that money towards buying the phone you want.

i.e. bartering goods is incredibly impractical in a modern society.

However the bartering of skills and services is alive and well and, indeed, is becoming increasingly popular these days:
https://www.forbes.com/sites/learnvest/2015/07/20/bartering-in-the-modern-day-how-people-are-swapping-skills-and-services-for-free/#49d7162a17ed
Post-war small ad in Viennese newspaper: ¹"Communist with knife and fork seeks capitalist with steak and kidney pudding".
You could argue that using money is bartering. You find someone who wants your old goods and barter with them for some lumps of metal. You tjhen go to someone who has the goods you want and barter your bits of metal for them. Money is just a very convenient common material for use in bartering.
The perishability of some goods is another issue
Whose homework is this? Yours or your pupils? Either way yours to work out the answers IMO
A company we do business with has a workshop equipped with Russian machine tools. these were acquired as part of a bartering arrangement, in exchange for their own goods and services.
We exchange services but it only works well, imo, among friends.
We call it E Bay these days! and we still do in the mystic East!!

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