Understanding Barter
Economics Grades 1-2
What is Barter?
Barter is a way to trade things without using money! Imagine you have an apple, and your friend has a banana. If you both want what the other has, you can trade! That's barter.
Long, long ago, before people used money, they would barter for everything they needed. A farmer might trade extra corn for a new pair of shoes from a shoemaker.
Barter in Action!
Let's say you have a toy car you don't play with much, but you really want your friend's coloring book. If your friend agrees, you can trade your toy car for their coloring book. You both get something new and useful!
It's important that both people agree the trade is fair. Bartering is a fun way to get what you need by sharing what you have.
Can you think of something you could barter with a friend?