The Bartering System

  

Bartering

The Bartering system is extremely interesting. It means when you have something that another person wants and they have something that you want. When you are bartering it means that you both have something of equal value. For example, there is a baker who bakes delicious bread. But he needs some wheat to make the bread. He might go to somebody who grows wheat and trade two loaves of bread for 1 bunch of wheat. This is an equal trade. But one day the wheat grower might have a poor crop, so he might demand more bread. In the same way, the bread maker might have to close his shop due to losses so he might say he wants more wheat. This is the bartering system.