To make a trade in a barter economy requires a double coincidence of wants. Barter economy is a cashless economic system where goods and services are exchanged at agreed-upon prices. One of the earliest forms of economies is barter, which predates both monetary systems and written history.
Barter may be used effectively in practically any industry. Informally, people sometimes engage in barter and other reciprocal system without ever considering them to be such. For instance, when offering web design or tech help to farmer or baker in exchange for veggies or baked goods, the traders must have mutually compatible wants.
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