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23 March, 13:14

There are three forms of exchange. give an example of:

A. Barter

B. Money

C. Credit

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  1. 23 March, 13:22
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    barter is when you trade one good or service for another good or service. example: i'll fix your bike if you mow my law.

    money is a physical representation of work, in the form of bills or coins. example: i'll pay you 20 dollars to mow my lawn.

    Credit is a way to purchase goods or services without actually paying now but promising to pay in the future. example: i'll use my credit card to pay for you mowing the lawn now, but in 1 month i'll actually pay you the money.
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