concept   bartering
statement   In traditional economies, bartering is a common method of trading goods and services.

3 similar statements
# Concept Culture Statement Freq.
1 barter trade as economic system Capitalist economies Considered less efficient and impractical in modern economic systems 1
2 bartering Modern economies Rarely used, except in certain niche markets or informal settings 1
3 bartering Traditional economies Bartering is a common method of trading goods and services. 1