Question

Differentiate between money and barter system

Answer 1

The primary difference between barter and currency systems is that a currency system uses an agreed-upon form of paper or coin money as an exchange system rather than directly trading goods and services through bartering. Both systems have advantages and disadvantages, although currency systems are more widely used in modern economie

Answer 2

Money..It is also known as currency,It has value,We can buy things ..A money raises economic growth of a country
Barter system-It is a system of exchanging goods ..Like if I have sugar and no wheat..I can buy sugar from you and you can buy wheat from me..No money is needed in this system
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