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wiibookaitlyn
wiibookaitlyn wiibookaitlyn
  • 20-09-2015
  • Social Studies
Answered

'A traditional economy is characterized by the supply of goods in which two people trade their possessions with each other. This is also known as _____.'

Verified Answer :

WorldCitizen WorldCitizen
  • 21-09-2015

This is called bartering.

Bartering is a specific exchange which is not a gift: the exchangers agree on what they will both give and take and how much.

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