Question

Describe C-C economy.



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Answer 1

Answer:

HeYoO SiStA_____☺

CC - economy refers to commodity commodity economy. In such an economy barter system prevails for the fulfillment or satisfaction of wants. People exchange commodities for commodities which helps them to satisfy their wants.

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Answer 2

Hi friend here is your answer

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Directly exchanging goods without use of money is called barter system an the economy based on the barter exchange is called the CC Economy

In this type of economy the surplus goods are given and in return the person gets other goods

The major problems in such economy are as follows

1) Lack of common measure of value

2) Indivisibility of goods

3) Difficulty in storing wealth

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Hope it helps you.............!!

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