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Saturday, July 19, 2008

Barter Items - An Alternative Economic System

Bartering was a very important part of the economic systems of early communities. The primary economic activity was bartering food for services or non-food items. When little, valuable barter items were starting to be utilized as a way to receive items and services without using cash is how our modern monetary system grew out of bartering.

The internet is what may have reintroduced bartering back into our economic systems. The internet is capable of connecting an infiniate number of traders where the loss of physical marketplaces once hampered the barter system. Now anyone with barter items can just list them and what they want in return on the internet and just wait until they are contacted by someone interested in the trade.

Through the global internet there is unlimited opportunities for trade partners, yet for barter items a local barter network provides the best opportunities. Through local partners there are many costs that are reduced especially transportation. When you live in California and would love to trade your piano for a new furniture set from an owner in New York, the cost benefit disappears when you take into account the shipping expenses.

To be reassured that you won't cheated you may find that using a local network for your barter items to be your best option. This way you can make the trade in person thus giving both parties a chance to thoroughly examine the items being traded so that either side can decide to back out on the trade without a total loss. This can also make it easier for you to determine that the person you're bartering with is allowed to trade what they are trading or is licensed to provide any services being offered.

Others, in addition too individuals, are able to profit from barter. Businesses can profit by engaging with local barter networks. Businesses might be presented with more economical opportunities to get business-to-business services such as design and accounting rather than paying with money. Also, barter can be an interesting way to increase local knowledge of a new business, such as a boutique or bakery, while preventing the waste of money by purchasing inadequate advertising.

We live in a cyclical world, and that which was once popular will be again. One example of this is barter, the oldest economical system. If you have something that has no value to you but may to someone else, the climate may be right for trading barter items.

Barter activity evolved when small, valuable barter items began to be used as a way to get the items and services needed without using cash. The internet has reintroduced bartering back into our economic systems. Now anyone can just list their items and what they want and wait until they are contacted by someone interested in the trade. Though through the global internet there is unlimited opportunities for trade partners, for bartering a local network provides the best opportunities. Your exchange can take place in person, with both parties given time to examine the goods they're exchanging, thus allowing a reluctant partner to back out without a total loss.

Terry Lamb - EzineArticles Expert Author

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