As a child i used to trade collectibles with friends and on markets. I can remember one example of where i traded a few glas (spaghetti) marbles for one Big marble. At the time of the ‘transaction’ i thought of it as a good deal, to later find out that the big marbles weren’t as strong as the small ones, because i broke my newly acquired asset the same day i bartered for it ah good memories…
Pokemon cards. The exchanges were fair, I had an excess of one type of card and therefore used that to gain one that I did not have. It was relatively simple and fair, since their were two participants in the transaction, and scarce (or rare!) cards had a premium.
Come to think of it, particular cards had their value assigned by the rest of the kids at break times regardless of rarity! Makes me laugh thinking of those simpler times - it was a micro-economy at work!
Describe a barter transaction that you’ve been a part either as a child or adult.
I exchanged garden fruits with video games.
List the two items in the barter transaction and, looking back, did you think it was a fair exchange and why?
Fruit and video game.
That was fait for me at the time we made transaction.
Not fair because value of each idem can fluctuate with times.
I am currently negotiating a barter transaction. I own some raw land and the state is expanding the highway that my property abuts. They are looking for a storage lot for materials to build the expanded highway. They want to use my land for storage and when done, they will use their machinery and excess material to level my lot and prep it for my use as a parking lot. It should work out to be a fair exchange for both parties.
When i was young i mowed the lawn for my dad in exchange he bought me a happy meal from mcdonalds
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?
G.I. Joes were probably the most commonly traded items as a child. Some were either considered more rare or just plain more cool than others and therefore had higher demand for the return. Most barters were considered “fair exchanges” otherwise they likely wouldn’t happen or a “favor” may have been owed depending on the circumstances to make up for any lack of value.
I traded my lunch box for a car lift back home.and I think it was a fair deal because my friend enjoyed the meal while I saved my bus money back home to buy game .
I used to b e very good at upselling the football stickers that i didn’t need for the ones i needed to complete my sticker book!
Pokemon cards… Definitely was not a fair trade because I considered only the looks not the value ;d
I had a couple mango trees in my yard where I grew up in tropical South America so I often used mangoes to barter. I never owned a bicycle or carpentry tools so I remember bartering a basket of about 10 mangoes for an hour long use of my neighbor’s bike and a day long use of his sharp hand saw - lol
I think that was a fair barter trade because my neighbor got to enjoy 10 freshly picked sweet and juicy mangoes and I got to borrow his bicycle and saw to accomplish some tasks
Exchange of glass marbles, the common ones for those that were hard to find. It made my collection more diverse and nore attractive for others. But apart from that not much value was added.
- I traded 2 hockey cards for a bag of candies. It was fair exchange. I had duplicates of the cards but my friend probably bought one less hockey card pack, which was a little more expensive then the actual bag of candy. And I got my sugar fix
As an adult I have bartered my home made red wine and Kimchi (Korean fermented cabbage) in exchange for venison and morels. Yes it was a very fair exchange and my hunter gatherer friends are equally as happy to exchange items they wouldn’t find elsewhere.
After school I needed a car, my father left me and my brother a Krugerrand so I traded mine for a Ford Escort 1981 model. I think it was a good trade, at this moment the car is double the value of a krugerrand.
Difficult to find since growing up with very little, you don’t have something to barter. I never traded my toys or books. And doing chores was simply normal, I didn’t get rewards for it.
Guess the closest is when I helped people in school with homework, they became friends. But that wasn’t meant as a barter like system.
For the last couple of years I do work 4h/week as a volunteer in a hospital and we get a free lunch from the hospital cafeteria. Technically also not a barter system since it is freely given both ways, we didn’t argue over it.
For half a year I volunteered at a school. In the end I received a package with some beers and chocolate. This was fair because I didnt expect any payment and at the same time I wouldnt have to pay taxes of that gift.
I used to trade snacks when I was younger in school(roughly 6 years old). I always had a hard candy for the afternoon and I would trade that with my friend who always had peanut butter crackers. We both preferred the other so in most cases we each left the trade happy. However, some days he would only give me a fraction of the cracker(a pack was 6) and then we would argue about how many I should receive for my candy. Man do I miss those days.
At lunch i traded my bologna sandwhich for his cookies. it may not have been fair per say, but i wanted cookies more then my sandwhich so my desire for cookies was stronger and there for a better trade for me and the gentlmen i traded cookies with. he was more hungry and it made a win win situation
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?
when i was a kid i used to collect yu gi oh cards. many of them i had more then 1 copy as i bought a lot of packs.
So i traded them for 1 special card i didnt have at the time to add to my collection which was totally worth it for me just because i wanted the cards i didnt have. Was it a fair trade? i think it was because those special cards are rare and you dont know how many packs you should buy to get 1,all about luck. so i was fine to trade 10 cards i already have for 1 special card.
As a child, I used to collect postcards. They were very beautiful and different. We exchanged them with my friends. And sometimes they exchanged them for sweets or small toys. It has always been touching and exciting. But in my opinion, it was not always fair. Although, as children, we could not know the real value of these things and just agreed.