Question

Disadvantages of barter system

Answer 1

Barter system involves various difficulties and inconveniences which are discussed below:

Double Coincidence of Wants: ...Absence of Common Measure of Value: ...Lack of Divisibility: ...The Problem of Storing Wealth: ...Difficulty of Deferred Payments: ...Problem of Transportation:

Answer 2

major disadvantage:
lack of double coincidence of wants
lack of a common measure value
indivisibility of certain goods
difficulty in storing value
difficulty in making deferred payments
lack of specialization