20 Questions
What is a characteristic of traditional communities?
They were self-sufficient
What did people in traditional communities use to build their shelters?
Mud, reeds or other natural materials
What did people in traditional communities use to make their clothes?
Animal skins or local plant fibers
What was the role of men in traditional communities?
They hunted
What is a characteristic of people's lives in traditional communities?
They were much simpler
What is a definition of a traditional community?
A community in which people themselves, meet their needs
What did people in traditional communities grow for their food?
Vegetables and fruits
What is a characteristic of the economy of traditional communities?
It was based on bartering
What was the main occupation of women in traditional communities?
Gathering wild fruits and nuts
What is a term that describes traditional communities?
Self-sufficient
What was the primary mode of exchange in traditional societies before the use of money?
Exchanging goods and services
What was the main reason for the Bayaka tribe to trade with other communities?
To get products they didn't have, like iron
What is a characteristic of modern societies?
People have specialized skills and rely on others for goods and services
What is the main advantage of bartering?
Different goods can be exchanged for other goods
What is a disadvantage of bartering?
It is difficult to carry or transport some items
What is the main difference between traditional and modern societies?
Traditional societies use bartering, while modern societies use money
What is the main reason why people in traditional societies had to make agreements with others?
To get goods and services that they couldn't get or make themselves
What is a common problem in bartering?
It is difficult to work out the actual value of the items
What is the main advantage of using money in modern societies?
It allows for the exchange of goods and services without negotiations
What is the main reason why people in modern societies use debit or credit cards?
Because they are more convenient than using cash
Study Notes
Communities
- Traditional communities: self-sufficient, no money, people provide for themselves, simpler lives, men hunted, women gathered, shelters built from natural materials, clothes made from animal skins or plant fibers.
- Modern communities: people work to earn money, use technology to communicate and produce goods, located in cities or towns, industrialized, trade daily.
Traditional Societies
- People meet their own needs, grow their own food, keep cattle and sheep, no initial need for money.
- Gradually began to trade, exchanging goods, later with other communities for products they didn't have, e.g. iron.
Modern Societies
- People have specialized skills, rely on others to produce goods and services, use coins, notes, debit/credit cards, and electronic banking.
- Located in cities or larger towns, industrialized, trade daily.
Bartering
- Exchanging goods and services without using money, through negotiations.
- Traditional societies used bartering when they needed goods or services they couldn't get or make themselves.
- Example: exchanging a bag of potatoes for a container of milk.
Advantages of Bartering
- Different goods can be exchanged for other goods.
- No wastage of products.
- Bartering is for everyone, not just the rich.
- Participation is open to all.
Disadvantages of Bartering
- Not always practical.
- Hard to get what you need.
- Difficult to carry or transport some items.
- No common value measure.
- Certain goods can't be divided into smaller units.
- No late payments allowed.
- Storing goods was difficult.
- Hard to determine the actual value of items due to varying values.
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