What is a barter economy? How effective would a bartering system be in today’s economy? Explain.

Barter Economy and Money Economy

To barter means to trade goods directly rather than through the medium of money. Thus a barter economy is one where money does not exist or has ceased to be functional. ... Therefore, money tends to involve as a way to facilitate transactions between two people.

the phenomenon that would be cited as evidence of increased economic interdependence between europe and the americas is  the development of mercantilism.

this theory suggests that the wealth of a country depends on its economic assets, or capital.

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