The Use of Barter and Money Barter and Money - SOL 2.8

BarteringBartering Bartering is the exchange of goods or services without using money.

MoneyMoney Money is coins, paper bills, and checks used in the exchange for goods and services.

Kinds of Money Coins Paper bills Checks

People help the economy by purchasing “goods” and “services.” Goods and Services

Goods are things or items that can be bought, sold or traded.

Services are things people do for someone else as their job.

Exchange is to trade one thing for another.