I traded food for spiritual knowledge. for me it was priceless, and for my teacher it was great as well
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 remember trading cards and different collectables all the time sometimes i felt that I had gotten a fair deal other times not and sometimes you would happen to get more value that you anticipated on a trade so it all depends. I do remember one time when I was able to trade cards for a very rare and valuable card. See in my opinion value is derived from what someone will pay for and if you can find someone to pay that price. So if you decide to value something at 1 million dollars and no one wants to pay that then obviously the only one who values that particular something at that value is you. On the other hand if you sell can value something at 1 million dollars and you can find just even one person that will pay that price then the value of that particular something is 1 million dollars until it is either sold for less, more or equal to that value. So value to me and getting a good deal is all respective to your situation and perspective. That was kind of a rather long answer and maybe to in depth but I kinda dove into this one as the concept of value and how people view what is considered a fair deal
Only Pokemon cards come to mind. And yes, it was a fair exchange as both parties wanted the other party’s item. However, in a bigger “economy” that would not be efficient. Thus, in small economies such as 2-3 people, barter could work but at scale, it would not.
- With all the NFT crazy one that comes to mind is Garbage Pail Kids. When I was a child i would trade these in school. One of my favorite cards was New Wave Dave and I would barter multiple other cards for just one card of New Wave Dave.
Trading Cards. Yes and if i still had them today they would be worth $$.
At the moment I can’t think of anything specific. There were a lot of Service for Service transactions or beer for a service or an item transactions.
Most of them happened during my time as a student. Can anyone help me with this or that? I pay in chocolate or beer
Trading cards for card games. It was a fair exchange because I could recognize the rarity(hard money) of both cards involved, use that understanding of value + my own value (decreed value)/need of the other card for purposes of winning future matches, to arrive at a decision to trade, or not.
Whilst I was a child, I remember trading Pokemon cards for Sports cards. Looking back at the value of Pokemon cards, especially with NFTs, I would say that the trade was not efficient.
As a child I traded a Burger King kid’s meal toy to a friend for a holographic Pokemon Mew card. This was certainly not a fair trade but I got the better end of the deal. I would also exchange various lunch items I didn’t want for more desirable foods.
Trading marbles as a kid in the playground. A larger brightly coloured marble would be swapped for 2 or 3 smaller plain coloured marbles. The negotiated swap would have to be accepted by both at the time of the transaction, meaning it was fair at that time. Perhaps at some point later, one of the participants might have look back on the transaction with some level of remorse.
I used to trade Pokemon Cards against Caps. It was a fair exchange in a subjective way, because both parties were happy with the deal I guess.
Something I remember from my childhood is harvestening fruits in summer and exchanging them for some Snickers, Bounty, Twix which just began to appear in our country then.
Sounds weird now:) And exchange rate was even more weird, smth. like 1 basket of apples = 1 Snickers :)))
I remember trading soccer cards with my school friends back in elementary. One time, I won a rare card that my friend wanted to trade this card for two cards he owned. This is a fair exchange but this works only in the soccer card community. Another argument could be that the value of each card may vary from people to people, therefore, this isn’t an almighty monetary system.
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?
In the USMC we would always barter for different food from the MREs or stuff that we brought with us like candy and beef jerky. Jalapeno cheese and M&M’s were the gold of MREs and pork chow Mein was the most commonly disliked entre. I got M&Ms, cheese, and pork chow Mein for cheese tortellini or similar on several occasions. I definitely got the better deal!
Also, I did not smoke but I would bring cigarettes for guys that did. I would trade cigarettes for dumb activities I did not want to do. Super good trade for me.
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? Trading cards at school, transactions were mostly valued by personal preference so most of the time it was fair
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?
As a child I was collecting and trading pokemon cards with my friends. The value was based on our favourit pokemons and our current collection. I think it was fair. Everyone was winning.
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?
As child we exchange things like collectible cards (pokemon, dragonball, football players etc.). Good card was not equal to regular card so that for good card you had to exchange more regular cards. How many regular cards and what type were equal to one good card, was depended on the individual. Most of the time it was fair exchange. Sometimes you also saw some who wants to cheat or persuade seller in not fair decision.
When I was a kid, I used to collect stickers from Love is..
chewing gum. My goal was to collect one of each model, but it was not that easy. Most often, I had two or more copies of the same sticker and I badly
needed one that was still missing from my collection. Usually, there was no barter rule, as it depended on how many stickers the colleague would have and how many was one willing to sacrifice. I remember once I gave up 4 different stickers just for the one that I liked most. From today’s perspective, it was not a fair exchange, but it depends also on how much you like the product
and how much you are willing to pay for it.
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 have traded Pokémon cards for chocolates. I thought it was a fair trade as that was the need of the hour. xD
I used to barter all the time as a kid. We would barter all sort of toys and clotes. My latest barter as adult was for Vaccuum pump for Photo box studio. After few years I no longer needed the pump and the person no longer needed the Photo box so we barter back the deal. Worst barter as a kind was I traded my ski slades for a little cristal ball. My dad couldn’t stop loughing on me…LOL
I went to a market where I traded a bracelet I made and some money for a skirt. I think that it was a fair trade because I was only ten years old and it was a very simple bracelet of plastic beads and the other woman took off almost half the price for me. It was the first time I made an offer to buy something by trading and it was very exhilarating for a shy ten year old!