Compare the emergence of advanced civilizations in Meso and South America with the four early river valley civilizations. Which of the following systems of trade was most widely used in both ancient river civilizations and ancient Native American civilizations?
bartering
the exchange of coined money
free exchange
international trade
Answers
The emergence of Advanced Civilization in Meso and South America with the four early river valley civilizations. Bartering system of trade was most widely used in both ancient river Civilization and ancient native American civilization due to the following reasons:
- Services and goods are traded in bartering with another person where there is no money involved.
- Phoenicians adopted bartering which was introduced by Mesopotamia tribes.
- In various other cities across ocean, Phoenicians bartered these goods.
- An improved bartering system was also developed by babylonian's.
- Goods were exchanged for tea, weapons,food and species.
- In 1930's during great depression bartering became popular due to lack of money.
- Deerskin, Musket balls and wheat were exchanged by Americans.