Getting the goods and services that you want by offering a different good or service (not money) as payment is called _____________________________.
(1 point)
Responses
bartering
bartering
commodities
commodities
barriers
barriers
scarcity
scarcity
bartering
Getting the goods and services that you want by offering a different good or service (not money) as payment is called bartering.
The correct answer is "bartering." Bartering is the act of exchanging goods or services for other goods or services, rather than using money as a medium of exchange. To find the answer to this question, you can break down the question and think about the definitions of the options given.
Option 1: Bartering - This answer aligns with the question as it describes the act of exchanging goods or services instead of using money.
Option 2: Commodities - While commodities refer to goods that are typically traded, it does not directly describe the act of exchanging goods or services.
Option 3: Barriers - Barriers do not relate to the act of exchanging goods or services.
Option 4: Scarcity - Scarcity refers to the limited availability of resources, but it does not directly describe the act of exchanging goods or services.
Therefore, the correct answer is "bartering."