4 sentences with 'barter'
Example sentences and phrases with the word barter and other words derived from it.
Brief definition: barter
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The early Middle Ages, from around 500 to 800 CE, functioned largely on the basis of subsistence agriculture and a barter economy.
That colony soon became the centre of New France, and its trade "harvest" consisted of furs obtained through barter with Native American groups or taken by French trappers.
Also, the relative stability allowed smaller kingdoms to mint their own coins, and within a century or so (c. 1000 - 1100) much of Europe became a cash economy rather than a barter economy. This gave peasants an additional incentive to farm as much as possible.
Europe was largely a barter economy, while the Muslim world was a market economy based on currency, with Sharia law providing a sophisticated legal framework for commercial transactions. Especially when Byzantium declined, Muslim kingdoms remained at the forefront of scholarship, trade and military power.
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