Economy, asked by sabashia3514, 10 months ago

Characteristics of barter system

Answers

Answered by sirisayi

0

Answer:

The characteristics of barter system are: Barter system is direct exchange of goods and services. It requires the double coincidence of wants. Barter system eliminates the use of money. It generally flourishes among uncivilized and backward communities.

Answered by ddevaeaju

1

Answer:

Barter system is direct exchange of goods and services
it requires the double coincidence of wants
Barter system eliminates the use of money
It generally flourishes among uncivilized

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