Activity Lesson 1

As a child, I traded a lot of balls at school.
The size, quality, weight, color was important for any trades.

No I dont think it was fair at all, because the decisions was sometimes too much based on emotions.
That being said, adults can fall in love for a house and overbuy it too.

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 used to barter stickers of the panini’s soccer world cup albums. I remember pretty much everyone of my friends would carry a stack of stickers and we would trade them throughout the duration of the wold cup.

Looking back I would say it wasn’t all fair trades, as sometimes I would trade many stickers for only one or a few that I needed to complete the album. But since it was difficult to find these stickers of the best players, I probably saved money by not having to keep buying them in packs in order to find the special ones.

so much nostalgia :relieved:

I traded my iPod for my friend’s Zune. It felt like a good deal for me at the time because my iPod was a shuffle and didn’t have screen, but her Zune did. However, looking back, since we already shared the same Limewire account and had the same music on both, it didn’t make a huge difference in practice.

I traded a jar of honey for fresh fruit on the side of the road here in Hawaii.
Was it a good deal? No, it was charitable. The lovely woman who runs the roadside fruit stand received about 15 bucks worth of honey and I received about 7 bucks of fruit. I hoped to gain her friendship and be charitable to her.
Regards,

I remember i was trading used items, especially tech and fishing stuff

The used to barter Family game cartridges hahaha!!!.

In my childhood we used to exchange one item for another. For example a beautiful paper napkin for the collection with a new dress for the doll. We considered it to be a fair trade as each party wanted to have the item that the other part was having. It was considered that both were of equal or similar value, based solely on the need or desire to have that other item.

Back in the dayyyy, like primary school days, trading Pokémon cards was quite a big thing!

I used to over exaggerate the value of a card I had in order to get another card that was waayyy better…

I cannot remember what I traded (probably a full art Zekrom since I no longer have it), but I know that I received a mewtwo (which looked battered cause the previous owner said he unknowingly put it in the washing machine with his trousers :rofl:)

It may have been an L on my part (cause the Zekrom card looked niiiiiice), but all I know is that I was the only kid with a Mewtwo in my school…

I still have it now and idk whether its a fake or if it is really rare cause I googled pics of Mewtwo cards and I am yet to see this particular design…

Edit 1: Ok after some more searches, I’ve found the card… I’m convinced that it is real, but not 100% sure on how rare it actually is :laughing:

Edit 2: For those of you who are wondering, this is the card I have, but imagine it with a considerable amount of rips and tears (you can still see the stats on the card, it just looks battle tested) :sweat_smile: :sweat_smile:
Mewtwo card

Interesting question. I am reminded of my childhood when I used to exchange my GAME BOY for a PlayStation controller. So I had a PlayStation but the controller it came with was broken. It never responded. A buddy at school had the same game with a working controller. But he didn’t have a GAME BOY. So we boys came to an agreement and traded. I get a controller pad and he my hand-held game. It worked as he was grounded and I could play my PS.

Case1- A friend was refurbishing his child’s bedroom and would need to get rid of the old furniture. I was setting up a new room within my apartment and did not have the needed money to buy new furniture. Then I propose to my friend to disassembly his old furniture, and move it from there to my apartment.
So I exchange my service by his old furniture.
Case2- A friend of mine needed to take some professional pictures to use in his job, but he hasn’t sufficiente money. Then he found a professional photographer that needed the exactly service that he was specialized in. So they agreed to do the following.
Half of the transaction was paid in real money and the other in his services.

I believe that it’s relative to say that they were fare or not.
If we consider only the aspect of price, as we know nowadays, maybe both or one of the transactions were not exactly equivalent (in units of currency), however if we consider the fact that would not be possible to achieve my objective to have what I needed in that specific point in time, without making the transaction, I believe it was fair enough.
The same logic can be used to state that my friend’s transaction was also fair.

In prison is all barter transaction…although cigarette’s and stamps were the most desired goods and therefore turned into a sort of money. I didn’t smoke, but still held cigarette’s.

Meals were the most common exchange for me. The menu was set a month in advance. Trade chicken for fish or a meal today for a meal tomorrow.

When I was in 9th grade, I bartered lunch items with other schoolmates from time to time, I remember clearly one time I bartered an equivalent of a 4 oz sliced steak (with stir-fried veggies) from my home lunch for a couple of slices of pepperoni pizza because I really got the craving for pizza that day but was not allowed by my mom to spend my allowances on such “junk” foods. So to me it was a good trade, because I wanted pizza that day, plus I made a new school friend through the bartering as well. It was a good deal also because I was able to eat some pizza in a way that my mom did not need to know.

My first barter was to exchange marbles. I consider that to be a fair trade because they were usually traded for same size and function. Nevertheless they can be considered as non-fungible assets since each is unique in their design, rarity etc. which notions we certainly had difficulties to fully grasp as kids.

The earliest barter transaction I remember as a child was trading some of my pokemon cards for my friend’s yugioh cards. I remember I was happy with the exchange since I did not own any yugioh cards and as such the trade was fair since we both agreed on what we wanted.

As a kid we were playing monopoly game and trade properties cards with other cards,that were more value :grinning:

I traded a T-shirt for a fake gold necklace when I was 15 years old. I had plenty of shirts (like dollars) but no jewelry.

when i was about 11 years old i was part of a very questionable barter transaction with a friend from school: he gave me an air rifle and i gave him an old motor bike. after a few days my mother found out and we had to reverse the deal :wink:

I remember trading some collectble cards as a chield. Some times for another card or even for a snack. :laughing:

It was good to me at the time but it wasent fair! the cards used to come insite a cookie bag, and its value wasent much.

I remember collecting Premier League football cards/stickers as a child, exchanging numerous cards for 1 shiny card (usually a club crest) that I needed. At the time I of course saw this as a fair deal and most likely had a decent idea of each card/stickers value based on how common or rare it was even as a 7/8 years old.

Had to exchange my card collection for other toys. Traded my camera for lenses. I still believe so it was fair trade due to perceived value by both parties.