4. Which is the only market in 1 point
India where the barter system
is the operation?
Answers
Answered by
1
Explanation:
On the occasion of the mela, a big market is held here where these tribes exchange their products in barter system which is perhaps the only such instance in the country,” said the secretary of Jonbeel Mela Celebration Committee J. S.
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Answered by
3
Answer:
A barter system is an old method of exchange. Th is system has been used for centuries and long before money was invented. People exchanged services and goods for other services and goods in return. Today, bartering has made a comeback using techniques that are more sophisticated to aid in trading; for instance, the Internet. In ancient times, this system involved people in the same area, however today bartering is global. The value of bartering items can be negotiated with the other party. Bartering doesn't involve money which is one of the advantages. You can buy items by exchanging an item you have but no longer want or need. Generally, trading in this manner is done through Online auctions and swap markets.
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