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Illustration of Bartering

Bartering

Bartering is an economic concept involving the exchange of goods or services for other goods or services…

Reads at Grades K-2 Listens at K–3

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The story

The Story of the Great Swap

Have you ever had a big bag of yummy apple slices but really, really wanted a juicy orange from your friend's lunchbox. What if your friend wanted some of your apples. You could just swap. You give them some apple slices, and they give you their orange. Suddenly, you both have exactly what you wanted. That happy, simple trade. That’s me. My name is Bartering, and I am the oldest way people ever got what they needed, long before anyone had ever heard of coins or money. I've been helping people share since ancient times, starting around 6000 BCE.

A long, long time ago, I was the most popular kid on the block. In a place called Mesopotamia, farmers would use me to trade their extra wheat for strong clay pots or sharp new tools. Around 1500 BCE, brave sailors called the Phoenicians took me on adventures across the big blue sea. They would trade beautiful purple cloth and strong cedar wood for shiny metals from faraway lands. I was also very important in North America. For hundreds of years, Native American tribes would trade things like warm furs for corn, or pretty shells for tools. When European settlers arrived in the 1600s, they used me to trade metal pots and blankets for food and furs. But I wasn't always easy. Imagine you had a flock of chickens but needed new shoes. You’d have to find a shoemaker who wanted chickens right then. Because of that little problem, people eventually invented my cousin, Money, to make trading easier.

Even though you see people use money every day, I haven’t gone anywhere. I just work in quieter ways. When you trade a superhero card for a dinosaur sticker, that’s me. When you swap half of your peanut butter sandwich for your friend’s chocolate pudding, that’s me, too. Grown-ups still use me all the time. A baker might trade a fresh loaf of bread for some eggs from a farmer, or your dad might help a neighbor fix their fence in exchange for them mowing your lawn. I’m all about fairness and helping each other. I remind people that sharing what you have can get you what you need, and it’s a wonderful way to build a community and make new friends.

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About

Bartering is an economic concept involving the exchange of goods or services for other goods or services without using a medium of exchange, such as money.

First Evidenced 6000 BCE (circa)
Period of Extensive Use 1100 BCE (circa)
Resurgence 1930 CE - 1939 CE

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Why was it sometimes hard for people to use bartering?

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Bartering
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