Activity Lesson 1

At school, we would trade stickers, scratch and sniff stickers and scented pencils. The most valuable brands to me and my classmates were Hello Kitty and My Melody. I was typically happy with my trades. When I went to the shopping mall with my mom, my main objective was to be able to buy those brands and if she didn’t get them for me, then I’d look to do a swap at school or with a friend. A hot commodity back then were the Cabbage Patch dolls. I never had one but I remember it being a frenzy. I did own a Strawberry Shortcake doll and when a friend wanted to do a swap/trade, I declined because I valued this asset greatly.

I remember trading marbles when I was in elementary school, it’s funny now that I look back to it, it made you some kind of a cool kid if you had a lot of marbles and different kinds.

Exchanged my old bicycle for a new one, only to realise the new one was a stolen cop bicycle. with help of my friend, we managed to take all the advanced parts from the bike and build a new bicycle on a different frame. A good lesson learnt not to be greedy and trust strangers.

Example of Barter Transaction as a Child:
When I was in Grade 1 we use to swop out Marbles at school, some colors were perceived to be more rare / sought after than others and those marbles required I higher number of marbles in exchange. The items traded was metal marbles, white marbles, frosted marbles and normal glass marbles. Metal marbles was valued more because they could more easily bounce an opponent marble out of the pit area because of their relative weight.

I think a fair trade was a trade where both parties were equally satisfied or dissatisfied with the outcome of the trade.

When I was a boarding house student, I used to exchange meals I didn’t like for later meals on the meal timetable that I like and this was trade by barter.

It was a fair exchange as both were complete meals but the delay in the actual exchange sometimes meant one party got instant gratification and the other had to wait hours or days and often times with poor record keeping and unreliable elements, collecting the bartered meal may be problematic…lol

with a certain type of chocolates there were stickers of cartoons that were on tv at the time. I was more interested in the chocolate. Bartered stickers for more chocolates

Traded sweets for marbles when I was younger. Seemed fair!

Marbles for baseball cards. I wish I knew then what I know now lol.

I could say that I got in with barter transactions when I was younger and traded comic books I’ve already read for ones I hadn’t. Fair? Some ocassions yes, other ones definitely not! Depending on how I liked the stories or not :stuck_out_tongue_winking_eye:

I was exchanging candy wrappers, also pictures from chewing gums :smiley: At that time it was fair. Because value was the same for the thing which i give and for the thing which i get.

When I was a child I used to exchange video game cassettes with my friends, Once I exchanged my “Super Mario” game cassette for a “Contra” game cassette and I guess it was a fair deal because I was bored of playing Super Mario as I finished all the levels and I wanted to play something else and it was same for my friend 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?

Chores completion in exchange for candies
It is not fair looking back, as I would no longer accept candies in return. It does not have a standard unit of value for exchange on equal consensus.

As a child I use to trade flowers made out of paper for shells. It was on a beach side town. People would say that flowers where fake and expensive. I would told them they were walking on the bank. True story.

As a child I used to trade figures of the Football WOrld Cup Album with friends who didn’t have the figures I held.
Item 1: Roberto Baggio Figure.
Item 2: Romario Figure.
It was a fair exchange because I we each received a figure the other didn´t have for a fair price- another figure.

I traded chocolate for skittles with my sister. I liked fruity candy and she liked chocolate.

we would always bet on who would win at a race, or on the Nintendo. the winner of course got the favored outcome. being the oldest had its perks. :wink:

In elementary school I traded a Lego truck for an iPhone 4. Of course it wasn’t fair but I wasn’t on the losing end so I’m fine with it.

As a child I would trade marbles with other kids at school (I am showing my age with this story) the value of each marble was determined by the size of the marble, the uniqueness and the condition of the marble (weather it had any chips or scratches).

My first trade was a fair trade as I wanted to have many different types of marbles as my mother bought me a bag of marbles that were all the same…

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 an elementary school student, it was common to barter during lunch. One example was trading a sandwich and bag of cookies for a Lunchables. The desire to have something fun, like a Lunchables, made the trade seem fair, but it was desire based and actually contained less food and dessert. Looking at the trade now, it doesn’t seem like a fair trade.

Comic Books, Baby!!
My friends and I would trade and negotiate rates for comics by condition and cool factor. One of my friends actually traded a spare bicycle for a complete mini-series of superman. (I believe he still has the comics).