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  3. Finance Glossary
  4. Terms Beginning With B
  5. Barter Economy

Barter Economy

Definition of 'Barter Economy'

An economy which has no medium of exchange. Goods are simply exchanged for other goods.

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Related Terms

BarterAggregate SupplyBlack EconomyGross Domestic ProductGross National ProductMacroeconomicsPump PrimingTreasuryAccommodatory Monetary PolicyAggregate Demand ScheduleAggregate Price LevelAutomatic StabilisersAutomatic StabilizersBuilt-In StabilisersBuilt-In StabilizersCapital DeepeningCapital WideningCommand EconomyCyclical IndustriesDefensive Industries

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