Activity Lesson 1

My first exchanges I can remember were stickers I collected them. Later I collected stamps and exchanged them. It was always fair exchange, because most of the time I exchanged duplicates, also I used an up-to-date value book for my stamps :slight_smile: In my criminal period as a school student we traded movies on Video and SuperVideo CD’s :rofl: uuups Please don’t report me, it’s already time-barred :sweat_smile:

I used to cut the grass for things I wanted, it was a pretty good deal nowadays I have to do it for free :@)

I remember that when i was a child I traded with different stickers and cards. I guess it was always fair, as I hadn’t bad intentions as a kid.

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?
Ans: It is challenging for me to think of any transaction like that but I am sure I have traded things as a child to get what I wanted. At that time, I probably thought it was fair since I remember me being happy most of the time after transacting like that.

Barter transactions that I was a part of when I was a kid were the trading of playing cards. From Pokemon to Yu-Gi-Oh, everything was traded. We even traded sandbox land we claimed during recess for playing cards. But there was a problem, as we didn’t look at the true value of the playing cards, but we simply traded based on how cool a card looked. Some kids who were smart about it started buying cool playing cards for cheap from outside and trading them for more valuable cards in school. Those kids actually ended up making a lot of money for 8-year-olds.

Recently, I did some urgent maintenance on my landlord’s computer, in exchange for a reduction to the cost of my rent for that month.

I greatly appreciated that he valued my time and expertise regarding the matter enough to compensate me for my efforts - this was an effective way of returning the favour when he didn’t have much spare income at the time.

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Not long ago i swap my plug in charger 2x faster for a standard one with my 6 years old daughter. I think that is classes as barter transaction

I don’t recall doing any bartering. Most of my exchanges involved fiat money

I used to collect football stickers as a kid, we would take stacks of them wrapped in elastic bands into school and trade ones that were the same as we already had. For each football team in the album there were shiny ones that had the teams badge on and these were quite rare so you would quite often swap 1 of these for 2 or 3 normal ones. When kids started getting towards the completion of a sticker album the desire for the missing stickers in their album became greater. A pack of stickers (about 10 stickers in total I think) cost about 20p but I managed to sell 2 stickers (1 being a shiny) to kid for £5!
It probably wasn’t the fairest of trades but being towards the end of the season when the stickers would be discontinued and he only needing a few to complete his album he was willing to pay it. I guess scarcity and demand played a big part in that transaction!

Recently i exchange 3 lit of fresh pomegranate for one pair of silk trousers.I thin it is a quite good deal because i have pomegranate in my garden and i spend 1 hour to pick them up and make a juice. I consider there is more work to make silk pants then to make a juice. The value of silk plus the value of making is much more then the value of juice ,silk has to also be imported so we can add also this type of value.

my first barter transaction was with pogs, googos and pokemon cards in school, the star in the coroner was most valuable and ofcourse the rare star cards, as children we put our own value on the cards depending on how much the other person wanted the cards, sometimes you could trade 50 cards for charizard for example depending of what you and the other person was satisfied with.

I can remember bartering marbles as a child. 4 small ones was one big ones. Then there where more rare and more beautiful ones.

Since there was a consensus under the children what was worth what I think it was a fair exchange.

Pokemon chips as a kid.

Well, i have a barter right now, I am trading a stud for a pup! I am definitely making out as it will enhance my lines with a new valuable genetic line. And the other party is happy as she gets a great stud for her families pups. It is a fair exchange because we felt it so.

When I was 18, I traded one illegal drug for another one time.
Sorry, just being honest.
I suppose it was fair. I was in a foreign land and what I had was rare and valuable.
Honestly. I can not remember ever bartering anything else in my life, ever.
I try to live vice free now. It’s a better philosophy. :slight_smile:

I had to find a way to pay for gas to get home from a 3 day event where my friends and I had gotten separated and I had to sell my last few packs of cigarettes to fund my drive to the next gas station. It was worth it because at the next gas station U could get more but it was a long ride!! I have since quit smoking hahaha :slight_smile:

Describe a barter transaction that you’ve been a part of 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?
When I was a child I made a barter with a friend. I gave him a jersey and he gave me a pair of shorts.
I think that it was a fair exchange for both of us because I didn´t wear the jersey and my friend wanted that jersey, on the other hand, I needed a pair of shorts and he has it, so we made a barter.

Describe a barter transaction that you’ve been part of 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?

During my teenage years I was very much into the card game Magic the Gathering. While playing this game I entered into a number of barter style exchanges but the one that stands out for me is when I was asked to buy someone some lunch in exchange for some cards I needed for my deck. The exchange itself on the surface looked good. The lunch was a few pounds/dollars short of the face value of the cards, so at the time I saw the exchange as fair. What I had missed in the exchange was factoring in my time to go get the lunch, and my future comfort as I had not noticed it was heavenly raining outside. The time factor alone meant I was making less than minimum wage at the time to get the lunch, plus I was dripping wet and uncomfortable for the rest of the day.

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We used to have bee hives. We would barter honey for beer with a friend who brews his own beer. I would say it was a fair exchange considering the work that went into preparing the final product.

When my kids were little, I used to teach music at their preschool. I taught 4 classes twice a week and in return, received half off the tuition for them. It was a good exchange because I was a teacher, enjoyed doing it, and I got to know my kids’ teachers/atmosphere/friends. It was also cool to see them in their school environment. At the time, I couldn’t afford daycare and really needed it, in order to do my own work, so trading with teaching worked really well.

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