Activity Lesson 1

The barter transaction i had as a child is to exchange my food for a sweet.

During the lockdown I was giving my housemate free martial art lessons and he was my training buddy. From my perspective it was fair exchange as I needed someone to train with anyway.

After holloween as a child I would trade my candy for legos from my friends the candyt and the legos were the two currencies and I definitely go the better end of the trade because the legos lasted so much longer, they were much more durable.

I have exchange my work (preparation of tax returns) for my client’s artwork. Both of us were more than happy to barter these items. I produced a relatively complicated tax (item 1) return, my client produced a beautiful painting (item 2).

(sorry about my crappy camera work! LOL)

When I was a kid I traded chores for my parents in return for wood to build my tree house. I felt it was a good deal as I was typically doing some sort of chores anyway. Plus I really wanted a tree house.

The first barter transaction i was a part of was trading game cards

When I was younger I traded a yugio card for a peanut butter jelly sandwich. I don’t think was a good trade for the other guy because I had two just like it.

I most recently used the barter system to trade massages as I am a Licensed massage therapist in New York State. The most difficult way to decifer the value of the trade was if one person went over the designated length of time. This is how the service holds its value besides the quality of the massage. I have also bartered massage with waxing although that was a relationship that still allowed both myself and the aesthetitian to get paid as there was a relationship between the manager in my workplace and his friend of the other spa’s manager who would receive the massages. I also exchanged massage for an haircult once though I thought that the haircut paled in comparison in value for myself as to what the value was for my roommate at the time.

I remember trading some chocolates for WWE player cards which I believed were unique cards and made me standout among my friends with the rare colection.

In my school days, I remember using chocolates, cards, stickers, etc. as a source of appreciation to winners of a competition.

That time, I believed that it was of fair value but not I don’t think so as I can’t pinpoint any actual value with any of those trades.

Not sure if this qualifies but my first barter transaction was when I was about 4 or 5 and my older sister offered to give me lots of tiny coins (1c or 2c pieces) in exchange for my one (big) 50c coin that mum had given me.
I had no idea of the actual value of any of the coins, and was really excited about getting all the coins from my sister, so I agreed to the trade.
Of course I came off second-best since the value of the multiple tiny coins was about 20c. It was a barter transaction for me but for my sister it was more like a planned fleecing…

  1. I assisted a family member when they were moving their furniture from one location to the next. In return they assisted me with my move at a later date. As it was just an exchange for a service and it was the exact same service just at different times I would say it was a fair exchange.
  1. Mainly when trading cards or video games… and yes I believed it to be fair since usually I had already used the item I was trading and saw more value in the item I didnt have.

It would have to be Marvel trading cards when as a child. Any typical exchange is worth it since normally you would trade for something you don’t have in your collection while giving up cards you already have in excess. So it’s not a difficult decision to make as we aren’t really ‘sacrificing’ anything of value.

Back in school we used to trade pokemoncards indeed hehe like everyone else… lemme think of a example that hasent been said…
I used to play hardware livesets on illegal party’s back in the days and i remember trading 2 pills for a whole bottle of whiskey!
Great deal !

i was getting money from grandmother for good grades but if i get some bad i had to pay her, that was our deal, i think it was good deal it pushed me more for study. One more thing stickers from DragonBall bublle gum trading with other kids for more rare stickers.

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?

A friend and some of his buddies flew down to his rental property in Florida and stayed there. Together they renovated his bathroom. The exchange was accommodation and food for the plumbing, electrical, and carpentry skills. The total work was less than a work day, the holiday was a few days, they are all friends and had a great time. It was a fair exchange according to all of them.

The barter transaction i remember as being a child consists of trading marbles . You had marbles made of stone , coloured marbles , steel marbles , … When exchanging them you would take the value you gave the marble and exchange it for something you thought would be the equal value . Like for example if i had a steel marble i would trade it for let’s say 3 stone marbles. Then both parties agreed and are satisfied.

As a kid I was collecting postal stamps from all over the World, I had some friends who also been collecting the stamps, so often we had exchanged them between each other. It think it was fair exchange, since at that time I haven’t really price the value of the stamps in money. Important was to get a new stamp that I haven’t owned yet and exchange it for some others that I had many.

I remember trading pokemon cards for warhead candies. The more rare the pokemon the more candies we received for the card. Looking back it was not a fair trade because the candies were gone once you ate them and the cards would increase in value.

As a kid me and some friends in school used to trade playing cards with cars and their stats on them. I guess you could say the trades were fair, since cards are just pieces of paper and we traded one for one. What they stood for was of individual estimated value (for example what your preference of car colour would be)