barter system
[ˈbɑːr.tər ˈsɪs.təm]
nounpl: barter systems
sistema de troca
1. An economic system in which goods and services are exchanged directly for other goods and services without using money as a medium of exchange
Before the invention of currency, societies relied on a barter system to trade goods.
Antes da invenção da moeda, as sociedades dependiam do sistema de troca para negociar bens.
2. A method of commerce where value is negotiated and exchanged based on mutual agreement between parties
The farmers used a barter system, exchanging vegetables for tools.
Os agricultores usavam um sistema de troca, trocando vegetais por ferramentas.
The barter system is primarily studied in historical and anthropological contexts in both Brazil and the USA. In modern times, it experiences renewed interest through online platforms and alternative economies, though formal monetary systems dominate. In Brazil, understanding the historical barter system is important for grasping pre-colonial indigenous trade practices. The concept is taught extensively in economics and history curricula in both countries.
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