Question

difficulties in barter system
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Answer 1

1. many of the problem it had
2. let's assume that a person wants the cow in the exchange of sheep then he had to find the person who needed sheep and wants to sell xow
3. the question was that how many sheeps were equalent to cow
4. so it hadany problems and question so it got flopped after many years of usage

Answer 2

The following are the main difficulties which were found in the barter system:

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.

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