Question

define barter system and discuss the problems of barter system

Answer 1

when a thing exchange with other thing is called barter system..
but the problem is that person can not exchange a same thing that other person think..
THANKS

Answer 2

It is one of the most basic and significant inventions of mankind. Before money came into use, exchange took place through barter system, i.e., goods were exchanged for goods. Barter means direct exchange of goods. In other words, barter refers to exchanging of goods without the use of money..


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