As I child I used to collect football stickers. And traded them in the playground with the other children. We would trade 3 stickers of doubles we had, for a special silver sticker for example a club badge. This was a fair trade because the silver stickers were deemed more valuable. And if we needed for our collection it was almost priceless really but 3 or 5 stickers were sufficient. For a trade.
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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?
Funnily enough I do not personally recall a barter of any sort of good as a child or an adult that i have personally done apart from maybe trading cards.
However I did watch a youtuber once trade a brand new iphone X for a small hatchback car from 2002. A fair exchange? Very possibly a car being something that can drive you around saves times and is efficient, however does come with cost to maintain plus its longevity is something to question also. A brand new iphone X however? Has apps such as uber that can call a car to you door and keeps you informed and connected.
An interesting exchange nonetheless.
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I bartered with an expert bricklayer to watch his two kids after school in exchange for the installation of an antique Franklin stove complete with beautiful brick work in the 80s in my house in Oregon. It was very fair and worked out very well for both of us.
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- I barter every day with colleagues and friends through services being rendered. Sort of a, I helped you now you help me. The relative value of these services is based on the timing and time effort required. See, if I am in the middle of a big presentation prep and I take an entire weekend to renovate my friend’s basement, there is a perceived or emotional value that is added on top of the physical time and labor spent renovating. I don’t recall a barter exchange that involved two items and no fiat money that I participated in. I have witnessed barter trading where a newer inexpensive car was traded for an older luxury car. In this case, the luxury car was a short-term win, but over time the repair expenses made it so the inexpensive car becomes the better deal. That is if we do not consider societal factors of image and personal brand.
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I can’t remember a trade from my childhood. But I see my kids trade pokemon card and how they value their legendary cards and the lengthy argument of what is considered a fair trade.
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I remember that even when I was a kid it was hard decision for me to accept any trade offer (usually toy) because it was hard for me to determine if this is fair deal 
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when I was younger, me and my friend would go to the beach and collect different looking rocks, we used to trade them with each other, there were some rocks that had more value than others like coloured rocks etc.
The trades were always fair, and looking back on it now it was totally meaningless but provided a lot of fun.
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I had a barter transaction where i exchange my toy gun for skate board.
Toy gun for skate board.
I think it was fare transaction from both sides. As we both wanted another item more than the one we held, we both were happy for exchange.
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A few years back we had a young woman come to live in our basement rent free, but in exchange for a certain number of childcare hours with our three kids. Initially the cost of rent for the basement was decided on, then that was translated into a certain number of hours of child care at a certain rate. The hours were divided by the days of the week (weekdays) per month. I remember it ended up being a x.5hrs a day scenario. In the execution, the 0.5 hour got dropped every day and in the end, I feel the woman did only the minimum hours possible for the free rent. We did feel like there were quite a few other benefits involved in living with us for free that the young woman didnt account for (free internet, parking, utilities, meals, furnishings, etc.) that we felt that it wasnt an equal barter, however we did feel good about helping a young person on their way to establishing themselves in the world, so there was that as well…
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Describe a barter transaction that you’ve been a part either as a child or adult.
A. An exchange for chocolate to get chips and an exchange of motorcycle posters for candy.
List the two items in the barter transaction and, looking back, did you think it was a fair exchange and why?
A. The barter of chocolate to get chips was a fair transaction as both involved an edible item and food in general. The second transaction to get candy for motorcycle posters was not a good transaction was both were not like for like items. One is edible and one is not. The posters clearly were more valuable than the candy.
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I was 10-12 years old.
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we would go to the woods and catch tiny spiders with beautiful designs on their back and sometimes exchange it with each other.
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Bought erasers that had countries flags on it and did exchanges with buddies.
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I’ve recently trade a lunch with one of my friends in the university since we got a bit tired of eating the same thing for quite the time so exchaning the boxes was in both of our intrest. The food was almost in the same price range, so i think it was a fair trade.
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As I child, I bartered way more often than I do now, as an adult, simply because I didn’t have any money to buy things. Most of my barters started off within a specific ecosystem, such as marbles for marbles, Pogs for Pogs, Pokemon cards for Pokemon cards, or Crazy bones for Crazy bones. Children would trade several items they held at a medium or low value for something they considered high value or vice versa. Rarely did a transaction take place where 1 of the children felt swindled, but it did occur.
As an adult, I barter mostly through Barter pals or Bunz, instead of Kijiji or Facebook marketplace. I most recently traded one of my paintings for some drafting tools. In terms of value, I got something that would have cost more than my time and the painting supplies combined to purchase brand new, for something practical that I needed to accomplish. And the person I traded with got something unique, that would add an aesthetic value to their lives and gave up something they no longer had use for. Either way, about as fair a trade as I could imagine.
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I never participaded in a barter transaction but when I was a kid my father used to do it a lot, he used to swap cars with his friends all the time. Sometimes the cars didn’t even have the same value but I realised it wasn’t the market value of the car what matter for them was the value they gave to the item which made it fair (because it had a stoty, belong to someone…etc).
I saw him doing the same thing swaping pieces of land.
I think one party will always get more bennefits economically speaking but the reasons why you are doing it will level up the field, so as long as both parties agree and understand the consecuences to the deal, there won’t be any problems or regrets.
If doomsday comes and there is still sun and water… I’ll be exhanging fruits for grains with my neighbor…hehe 
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Currently I trade baked goods for plumbing services and handyman services. This is a fair trade because my cookies are delicious and scarce due to demand. I win because I get the repairs I need. I grew up with many nationalities, bartering was one cultural way of life. This was a way for us to help and value what each family or individual brought to share or trade. Trading is not always acceptable for each situation, which is why we have money for the other situations in which I may have a need but no one to trade with.
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I remember trading marbles in primary. The different colored marbles had names for them. From memory the good ones were called; grandfather and vampire. I would trade in all the common ones for a better one. I felt it was a fair exchange when both parties walked away feeling they got what they wanted.
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Q1.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?
A1. I traded a ladder rack for a set of tools. The set of tools is now used weekly to generate a source of income.
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just after 2008 crash bartering became fairly popular in the classified arena in our area, our economy was terrible so the number of people willing to barter items seemed to skyrocket as people still had wants, but money was hard to come by for a lot of people. i think the unemployment rate in my county at the time was around 29-30%. at the time i traded a boat i had picked up cheap and put a lot of physical labor into for almost a brand new snowmobile that was worth more money, but the transaction was agreeable to both parties because the man i traded had a want to fish and be on the water greater than his want for a sled and seasonally was not a good time for him to sell the sled as well as the ability to find someone in the area not struggling with extra cash to buy it. the transaction was beneficial to me because i had an item worth more that i was willing to sit on until it was seasonally in demand again and beneficial to him because he was able to get on the water without having to wait for his item to become in demand again.
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I exchanged different kinds of toys with my friend as a child. Both of us felt we had gotten the best deal, because we had different preferences.
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As a child we were swaping pegasus games with friends
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