Difficulties in Barter system
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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.
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Answer:
These are the difficulties of Barter System:
♥ Double Coincidence of wants⚡⚡
♥ Lack of a Standard units of a account⚡⚡
♥ Imposibilities of Subdivision of goods⚡⚡
Hope it helps u✨✨
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