Question

define barter system and write its draw backs​

Answer 1

Answer:

The five main difficulties found in barter system are as follows: 1. Double Coincidence of Wants 2. Lack of a Standard Unit of Account 3. Impossibility of Subdivision of Goods 4. Lack of Information 5. Production of Large and Very Costly Goods not Feasible.

Answer 2

in barter system is a term in which thing s are exchange together with things it means noo any use of money