Activity Lesson 1

I used to trade bracelets I made for food, video games and toys. In summer camp as a kid I’d take orders for bracelets and go home and make them at night. I’d trade for game boy games, pokemon cards, etc.

I’d bring in bracelets that no one had ordered and trade for food, candy etc.

I feel it was fair, I put in the work and they put in the goods. It was fun!

When I was a child my friends and I would trade marbles. We would determine value by classing marbles by size, material or distinct markings. For the most part, trades would always be conducted in a fair manner until one day I was offered an entire marble collection for one of mine, a jumbo glass tiger eye.(ooooooo!!!) Due to the scarcity of mine, the deal was considered fair to two seven year olds and I made way with my new sack of marbles. Unfortunately, my friends mother didn’t see the same value and my mother received a phone call shortly after. I was forced to reverse the transaction the next day.

In high school, I traded outfits with friends. It seemed like fair value at the time. Example Fubu Jean fit for a Sean Jean velour fit.

As a child I used to trade Pokémon cards with my friends. I don’t remember the deals in detail but in general they were fair and the parties involved were usually satisfied with the deal.

When I was in the Army, I occasionally traded chewing tobacco for whiskey. It was certainly a fair trade since I had plenty of one and none of the other.

When I was young, I was given access to a life-time subscription to a multitude of different services designed to elevate my quality of living. The deal sounds great on paper, but it turns out that many of these services are exponentially sub-bar and hardly worth their utilization to begin with. Unfortunately, I’m unable to unsubscribe from these services without threats of imprisonment or potentially deadly force used against me. In exchange, I’m required to surrender roughly 40% of my income through various transactions for the rest of my life. I do not think this was a fair exchange.

Each year on Halloween, my sister and I would go trick-or-treating for candy. Once we got home we would dump all our treats on the floor and sort them according to how much we liked / hated them. Most of the time we would get the same candies, but once in a while there would be rare treats such as big Hershey’s cookies and cream bars … or those gross cherry flavoured liquorice twists (bleugh).

I think there was this one time when I got a coconut flakes chocolate bar. I happily gave it away for some KitKats in exchange, and it was quite a fair deal considering how my sister liked coconut flakes while I would much rather have some KitKats.

As for the treats that none of us wanted, we would dump them all in a bucket, tape a note that said, “Take 2 only!”, and put it outside our front door for all the other kids who visited our house.

I am a plumber by trade. I traded my knowledge of plumbing to fix his problem. He had a truck and i desperately needed a vehicle so i traded services for product. It was ery beneficial to both of us and thankful 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?

The barter system is something that was commonly used amongst my circle of friends during our high school years. One particular instance for example, I traded a pair of tennis shoes for a sports jersey and some jeans. Looking back on this trade I saw it fair since I had already owned the tennis shoes for some time and I really liked the sport jersey that I got in exchange plus an extra pair of name brand jeans that were also thrown into the trade as an added incentive. Any articles that were to be used to barter needed to be in perfect condition.

I once traded 2 old aprilia scooters ( and one of them wasn’t working) for a relatively new one with low milage. That was the best deal I ever got. First I taught the deal was to good to be true but I had nothing to lose since due resticions in my country I would have to get rid of them anyway in the next year or 2. But the owner of the new scooter liked fixing scooters and he was “unhappy” with his scooter just running all the time I guess. He liked the old ones better because he knew them inside out and had a lot of spare parts. He emailed me the same day that he fixed the scooter that was not working and he was very happy. So we where both happy. Best barterdeal I ever got in my opinion and I don’t think I will ever get a deal like that again.

When I was kid I treaded a video game for an Ice cream cone from my sister. which was not fair to my sister.

When I was little we used to trade Pogs and slammers like they were gold nuggets. I remember trading a kid at my elementary school about half of my slammers for his bike. That bike was well worth it because we had a lot of cool jumps all in my neighborhood due to all the new housing going up around us. I rode that thing for years and eventually won most of my slammers back from him, so it ended up being a decent trade. He had 3 bikes so I’m sure it was a decent trade for him as well.

Back when we were kids we use to use baseball cards as a bartering system. My friends and I would spend hours sitting on the floor going through all the books of card we had and would make trades based on if we liked the player. Sometimes the trade would be 1 card for 1 card, and other times you would have to trade many cards just to get the one card you really wanted. There were time that it didnt seem to be very fair as to if the trade was good because you didnt always know the value of the card you were trading, and if the others did, it was very easy for you to get hustled.

At primary school I traded the comic books with friend’s pens, rulers or erasers. It was fair and fun because most of us did not have allowances. Our parents could bought us stuffs, but seldom gave us money. So, when we did not have money, but we could somtimes have ‘new’ stuff for ourselves. That was so much fun.

I traded my motorbike with my sister’s positively voluntary housework. I think it is fair because she could not afford one, while I did not need it anymore. Doing housework was good for her discipline also :slight_smile:

I traded half a can of Pringles for a monster energy drink my roommate had. I think i got the slightly better deal.

trading pokemon cards. i cant remember what cards but i remember finding out after i had been lied to and changed a really rare one for a not so rare one. Not a fair exchange as i was decieved as to the value of the card i was recieving.

i traded a rave ticket for a phone when i was 17. i attempted to get in but was knocked back as not 18 and no ID and was trying to sell the ticket outside and someone offered me their phone for it. wasnt the best phone wasnt the worst phone, smart phones wernt really a thing yet, but the ticket was worthless to me anyway. i fell the day after that person probably regretted the trade but i came out well in it

I bartered around 20 common YuGiOh cards for 1 holographic very rare YuGiOh card ( Chthonian Emperor Dragon in Ultimate Rare). It was totally unfair , I did not know about Gresham´s law back then in elementary school, but I intuitively felt that 1 rare card is worth more than a bunch of common cards. He on the other hand must´ve felt differently, he probably thought it was a good thing that the quantity of cards in his possession had increased. That was my best YuGiOh barter so far :slight_smile:

I swapped a go on a game I had on my phone for my younger sister’s cap she won in a competition, she regretted it immediately :rofl:

Well remember 15 years ago I swapped my mobile for the PS3. I dont know for the other kid but I was so happy because I had the PS3 without asking my parents to spend any money for the PS3 (just for the games). :slight_smile:
Well from my side was fair enough :grin:

I have never done a barter transaction as a child. All my transactions in my early years have been with using Fiat money as a means of exchange for goods or services. Looking back, it was a fair exchange.