A farmer exchanging a sack of wheat for a pair of shoes from a shoemaker is an example of ______.

Question

KollegeApply · Accepted Answer

A farmer exchanging a sack of wheat for a pair of shoes from a shoemaker is an example of Barter Exchange. Explanation: A barter exchange is a form of commerce where products and services are directly traded for one another without the need for cash. It is a type of trade that was widely practised in pre-modern societies and is still practised in certain regions of the world, especially in isolated or rural areas.

AChoose Your Answer