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Economic Activity: The Barter System

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16 Questions

What is the closed season for Lobster-conch whelk?

July 1 to August 31

What percentage of tourists come from the United States of America?

20%

What type of tourist travels overnight in another part of their own country?

Domestic tourist

What is the total number of tourists mentioned in the text?

295,841

What is the purpose of a tourist's travel, according to the text?

For various purposes, including recreation and business

Who benefits from tourism?

Many people in the country

What is another name for holiday travel?

Tourism

How many jobs in the BVI relate to the tourism industry?

At least 12

What is the primary method of exchange in a barter system?

Exchanging goods and services without using money

What type of animals are typically found on a farm?

Domesticated animals

Why were African foods incorporated into the diet of slaves in the Virgin Islands?

Because they were easier to grow in the tropical climate

What is the purpose of a closed season in fishing regulations?

To protect endangered species

What is the term for a species that is very likely to become extinct?

Endangered species

Why were women of African origin important in shaping the cuisine of the Virgin Islands?

They cooked and prepared traditional African dishes

What is the term for areas of land used for growing crops and raising livestock?

Farms

What is the significance of provision grounds in the Virgin Islands?

They were areas used for growing African yams

Study Notes

Barter System

  • Direct trading of goods, services, and resources without using money
  • Old method of exchange used for centuries
  • People trade items they have in abundance for items they lack

History of Economic Activities in the Virgin Islands

  • Agriculture: growing of crops and raising of animals
  • Farming: the business of growing crops and raising livestock
  • Livestock: domesticated animals raised on a farm (e.g., cow, sheep)

Crops in the Virgin Islands

  • African foods (okra, spinach, pumpkin, yam, pigeon peas, cucumber) grew well in the tropical climate
  • European foods (wheat, barley, rye, oats) were unsuitable for the climate
  • African crops predominated due to their suitability and the influence of African cooks on plantations

Economic Activity: Fishing

  • Endangered species: species likely to become extinct
  • Closed season: period when hunting certain animals (e.g., birds, fish) is not allowed
  • Fishing regulations: protect endangered species like lobsters, conchs, and wigs
  • Closed seasons for specific marine animals:
    • Lobster-conch-whelk: July 1 to August 31
    • Margate: June 15
    • Nassau grouper: April 30
    • Red hind: February 15

Economic Activity: Tourism

  • Comprises activities related to traveling and staying in places outside of one's usual environment
  • Types of tourists:
    • Domestic: people who travel overnight in another part of their own country
    • Regional: people who travel within a defined region (e.g., the Caribbean)
  • Tourism benefits:
    • Jobs in the tourism industry (e.g., tour guides, bartenders, hotel workers)
    • Income from tourists
  • Tourist statistics:
    • 24,390 from the USA
    • 8,648 from Canada
    • 38,619 from South America
    • 38,619 from Europe
    • 7,580 from other regions
    • Total: 295,841

This quiz explores the ancient method of exchange, where people trade goods and services without using money. Learn about the history of economic activities, including farming and livestock in the VIR culture.

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