Question

Anna has a yard full of chickens but needs milk for her baby. josiah, who is allergic to eggs, has a cow that produces milk. put the events in order to describe how anna obtains milk by the barter method.

Answer 1

Anna obtains milk for her baby from Josiah by trading her chickens' eggs for his cow's milk in a simple barter transaction, which is an exchange without using money.

Step-by-step explanation:

Anna, who has a yard full of chickens, needs milk for her baby, and Josiah, who is allergic to eggs, has a cow that produces milk. To obtain milk by the barter method, the sequence of events will likely occur as follows:

1. Anna identifies her need for milk, which she does not have.
2. Josiah identifies his inability to use eggs due to his allergy, creating a surplus of milk.
3. Anna and Josiah communicate and discover each other's needs and resources.
4. They agree to trade—Anna's chickens' eggs for Josiah's cow milk.
5. They exchange the agreed-upon goods accordingly.

This example demonstrates a basic barter transaction, which is an exchange of goods without the involvement of money. Barter is an ancient practice described in various historical and social studies contexts, where goods like chickens were traded for other necessities, such as milk.

Answer 2

Josiah can not eat eggs, so he will not want to exchange his milk for Anna's eggs. But Anna needs the milk, so she must exchange her eggs with someone who has milk, or someone who has a product that josiah wants and then she can exchange that product for Josiah's milk

Step-by-step explanation:

The barter method. is the procedure and result of exchange, a verb that refers to replacing one element with another of the same. In other words, this method refers to the act of giving something and receiving something else instead.

Despite the monetization of modern society, the barter method continues to be a part of everyday life, such as when a friend offers another to fix his computer in exchange for a ride, or a child at school offers a cookie for his snack in exchange for a bullet from his colleague and / or presents something in the form of Credit, promise of future payment. And it becomes an important part of the economy in regions less developed or adhering to certain traditions or principles, such as indigenous communities.