Business Studies, asked by ruchichopra6441, 1 year ago

Describe two disadvantages of early forms of money, and explain how they could have been fixed.

Answers

Answered by Manu7087
6
Barter system
Under thus system Commodity was exchanged for commodity
drwabacks
No.measure of value
lack of storage

Answered by Nyaberiduke
1

the early forms of exchange was barter trade. Its disadvantages were;

Lack of double coincidence of goods. Exchange was impossible where someone could not have what he wants since the counterpart trader is having a different commodity.


vic

It was difficult to determine the measure of value of good moreso it was difficult to divide other goods into smaller portions for example animals.

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