I once traded mints for bubble gum. It was not a fair trade in my opinion as the quantity of mints exceeded the amount of bubblegum. Furthermore, mints flavor and scent can arguably last longer. It was a bad trade in hindsight.
When Covid 19 pandemic hit the Philippines, lockdown of cities and provinces were strictly implemented. Many lose their jobs. So, a barter system was introduced in the Facebook app. People are trying to barter their clothes, shoes, furniture, gadgets, etc for food or just anything. I was able to barter my ipad for a bicycle.
For me, it was just fair because I like the bike and I was not using my ipad anymore.
I’ve frequently worked as a makeup artist and a lot of the times I would offer my services in exchange for images from a photographer. Providing makeup services for photography can make the editing process so much easier. These would be collaborations with a model so we could all work together to build our portfolio and create beautiful images. I believe these were fair transactions because we would not only be networking, but also have creative content to post for our social media and build our portfolio to submit to agencies or advertise our work to gain clients therefore everyone would benefit
Describe a barter transaction that you’ve been a part either as a child or adult.
List the two items in the barter transaction and, looking back, did you think it was a fair exchange and why? I’ve traded baseball cards for Pizza, I don’t remember or know the value of the cards to really know if it was fair or not. Or another bartering system i had was a deal with my parents every passing test or grade I was able to choose if I wanted a video games, to go out to a restaurant, or some kind of toy. I thought that was fair besides the times I didn’t do good.
Describe a barter transaction that you’ve been a part either as a child or adult.
List the two items in the barter transaction and, looking back, did you think it was a fair exchange and why?
POG or trading cards back in elementary and high school. I believe it was fair as both items were valued at the time. Although trading cards are worth more these days.
- I once traded my high level Runescape account for COD: BO2. In hindsight, I have no idea how to ‘balance’ since I only put in a lot of time. However, at the time I was not playing anymore so I definitely thought the deal was worth back then.
I used to trade Superhero cards in Primary School (that was long ago, in the 1980’s) and remember the Spiderman was VERY rare, but the Green Arrow was quite common so of course the Spiderman’s value was much higher. I was never able to get a Spiderman. Then the fad went away and was replaced by Donkey Kong handheld electronic games and nobody cared about the Superhero cards anymore
More recently I’ve done a “skill swap” with colleagues where we would do some work for one another, but not charge money for it. So I’m a designer and I needed a copywriter to write some stuff for me, so I’d do them a design in exchange for some copy I needed written.
Trading collectible cards was a usual barter transaction we had as kids. Whether it was Pokemon, MTG or soccer cards, if you had a valuable card, you could trade it for a number of other less-valuable cards or something like that.
I had a gold necklace given by my mom. My sister got a bracelet. Since I preferred wearing bracelets, i traded my necklace for her bracelet. It was not an even exchange since the necklace had more weight. But I was happier with the bracelet.
Describe a barter transaction that you’ve been a part either as a child or adult.
List the two items in the barter transaction and, looking back, did you think it was a fair exchange and why?
I cannot remember too many barters I was a part of as a child or an adult. As an adult almost every transaction I have done has always been monetary. And as a child the only item I can remember is marbles. I would trade marbles with another kid because maybe each of us liked the marble the other one had because it looked cooler, but there was no sense or thought of value when we traded our marbles. I’m not sure if it was a fair exchange or not, but coming to the present, marbles really haven’t carry any long term value when collecting and storing them over a period of time, so maybe it was a fair exchange since both sides at least walked away happy and got what they wanted in the end.
I remember exchanging Dragon Ball cards at school where we would trade multiple simple cards for shinny ones. Shinnies were quite rare so the deal was worth.
The first one is back when I was child. We exchange snacks so we can have taste of all the food my friends have in exchange that they will take a bite in mine too. I think it is a fair trade considering it is the same category that I bartered with.
The second one is when I was an adult. I exchange my trousers to a friend’s dress. It is kind of not a fair trade since her dress had a bit of holes underneath compared to my almost new trousers.
I could remember years ago when I was still in Primary school, I do recall a time I exchanged a salted fish which I gotten from my Mother for Lunch for a Pack of Bubble Gum. Crazy days
I used to exchange Pokemon stickers that were unique collectibles for an album that needed to be completed with all stickers, in order to be redeemed for a prize at a later date. I consider this to have been fair, since the transaction is similar to exchanging NFTs with a similar value.
Describe a barter transaction that you’ve been a part either as a child or adult. Baseball cards or soccer player panini stickers. Trading a baseball card with a player with better stats and awards from the other.
List the two items in the barter transaction and, looking back, did you think it was a fair exchange and why? Would exchange one good player for multiple players.
This is a very difficult question over the years I have had the idea of currency and this ingrained in to me from as early as i know, however whilst I was in service we all had different levels of kit quality, so for example my kit that I had bought for money may have been worth more than someone else’s boots are always a good example so if you had a good pair of boots but the other guys wanted it you had to agree on what they would give in return, an oldish pair of boots got me waterproof bags which at the time was a god send because In training we were submerged frequently.
When i was in primary school we used to play a game called pogs (or pugs or something similar) Pogs were like coin in the matter that some of them were rare other you could find in cereal box which had no value. We exchanged them depending on the value we game them. I remember making many bad exchange as i had no idea that the more rare something was the more valuable it was.
As a child a my barter transaction was a pack of football stickers for some sweets.on reflection both parties were happy so yes, I think it was a fair exchange
- Traded service for candy. Yes because we agreed to it.
Honestly I can’t remember such thing, i am sure at some point in life i did exchange something when I was a child but really can’t remember it. I do remember once My friend found a 20 Shekel Bill but he didn’t want to take it for some reason so he just gave it to me instead, I then gave it to my mom and she gave me 5 shekels back to go buy myself something from a grocery store. so i exchanged 20 shekels to 5 shekels
But on a serious note, im glad I understood at that time that we have it rough and it was the right thing to do. I was like 6 or 7 years old.