2 main problem of barter system
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•Both people should agree to buy each other’s commodities ie double coincidence of wants
• Some things cannot be divided
E.g. a cow
Hope it helps:)
• Some things cannot be divided
E.g. a cow
Hope it helps:)
Answered by
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Lack of divisibility
Lack of double coincidence of wants.
Lack of storage
Lack of measurement
Hope it helps u
Mark as the brainliest please.
Lack of double coincidence of wants.
Lack of storage
Lack of measurement
Hope it helps u
Mark as the brainliest please.
Anonymous:
There was nonlack of double coincidence of wants Instead it was the need or main feature of barter system.
No its not like that
Listen
Double coincidence of wants means the situation in which 2 people agree
I know it and double coincidence of want was the big feature as well as a big problem which was removed by money.
Yes
Then where is the prblm
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